CBRE: Providence commercial real estate market strengthens

COMMERCIAL REAL ESTATE absorption totaled more than 150,000 square feet across the eight downtown districts in Providence, with a total vacancy rate of 9.8 percent, an improvement from the 12 percent reported at year-end 2017. / PBN FILE PHOTO/MICHAEL SALERNO
COMMERCIAL REAL ESTATE absorption totaled more than 150,000 square feet across the eight downtown districts in Providence, with a total vacancy rate of 9.8 percent, an improvement from the 12 percent reported at year-end 2017. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – The Downtown Providence office market continued to strengthen in 2018, with the combined commercial districts that make up the area ending the year…

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