Office for Lease in Providence, RI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Providence, RI 02906

Description

Listing Type: FOR LEASE

Market Context

This office in Providence, RI is listed for lease. It has been on the market for 38 days. Compare it against other office listings for lease in Providence, RI — <a href="/search/lease/office/rhode-island/providence">view the full market</a>.

As of Q4 2023, the Providence office market showed a 37.0% vacancy rate, average asking rents near $34.30/SF/yr, and rents up 5.6% year over year. Source: Consensus Q4 2023 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Providence office market tightening or softening?
Vacancy is around 37.0%, with asking rents rising year over year (Q4 2023).

Unified Estimate

Very Low Confidence

$9.28/SF/mo – $12.55/SF/mo

Mid: $10.91/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market reno (similarity: 100%) with 4 comparable listings.

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