PROVIDENCE – The downtown vacancy rate of office space increased roughly 2.4 percentage points year over year to 12.2% in the 2019 fourth quarter, CBRE Inc. said Jan. 28. Net absorption declined 61,052 square feet, while occupancy of the downtown area was 5.6 million square feet. The increase in vacancy was largely attributable to Class
To Continue Reading This Article
Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.Learn More and Become a Subscriber












