Providence Retail

Providence

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,890
As of: March 12, 2017

Providence Rates

Most listings are in the $20's per square foot per year. The Providence region is experiencing a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the Greater Boston market, the Providence region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Providence Listing Supply

In the last 90 days, 21 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,890 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1935 and are Class B.

Providence Community

Market Report

Trends and status of the commercial real estate market in Providence.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Providence.
Research