Compared to the rest of the Greater Boston market, the Downtown Providence submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 16% of the listings in the Downtown Providence are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,540 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 6 stories. Most buildings in this market were built in 1972 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Providence residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.