Tag: Office market
‘Low supply and low demand’: R.I. office market undergoing ‘repositioning’
On a sunny summer morning at the Foundry in Providence, Cross Insurance Inc. employees move past exposed brick walls and soaring 14-foot ceilings before...
Stable but smaller, Providence office market is shifting
Providence’s downtown office market has, for now, weathered the existential threat posed by the COVID-19 pandemic better than some communities.
But the market is changing,...
Are you concerned about the long-term effects of rising vacancy rates...
CBRE Inc. says the vacancy rate for downtown office space in Providence was 15.85% for the fourth quarter of 2021. That’s the highest rate...
