Report: Downtown Providence office vacancy rate at 11.8% at end of Q2

THE VACANCY RATE for office space in the Downtown Providence market was 11.8% at the end of the second quarter, an increase from 9.8% at the end of 2018. / PBN FILE PHOTO/CHRIS BERGENHEIM
THE VACANCY RATE for office space in the Downtown Providence market was 11.8% at the end of the second quarter, an increase from 9.8% at the end of 2018. / PBN FILE PHOTO/CHRIS BERGENHEIM
PROVIDENCE – The vacancy rate of Downtown Providence office space at the end of the second quarter of 2019 was 11.8%, an increase from 9.8% at the end of 2018, according to a report from CBRE Inc. Thursday. Total net absorption, or how much square footage was leased in the market, declined 25,553 square feet…

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