Providence Commercial Space:

Renting office space in Providence, RI can be an easy task for any proprietorship, sales rep or doctor’s office. However, actually finding the right commercial real estate to rent or lease for your company can be an extremely time consuming task. For this reason, any business should always begin their search for commercial office space with Officespaceheaven.com. The most populated city in the state of Rhode Island is also the capital. The city was one of the first major cities started in the United States and is the second largest city in the New England area. Despite the small size, it packs in a great population and is ranked the 36th largest metropolitan city in the United States. Areas we service within the Providence, Rhode Island region are Cranston, Lincoln, Smithfield, Downtown, Johnston, Warwick and Pawtucket.

Office Space Rates:

The unemployment rate of the city of Providence was most recently at 13% and has started to level off as the economy starts to recover. The city also features a lot of great commercial real estate developments for those looking to grow or develop their business. A recent survey of vacancies in the greater Providence area yielded results and pricing points at all different levels. Vacancies started at around $1 - $3 a square foot for smaller locations and for those looking for 1,000 square feet or more, prices range under $1 a foot in many areas. Rental rates for office space in Providence is very competitive compare to those of other New England cities. Whatever it is you’re looking for in regards to office space in Providence, you’re going to find a wealth of options to satisfy. Office space in Providence includes executive suites, full service offices, retail space and manufacturing buildings.

The population of Providence is estimated at 172,557 in the city center and upwards of 1,600,856 in the metropolitan area. The state is situated near the Providence River and is near Massachusetts on one end. The city was nicknamed the “Beehive of Industry” at one point as it had rich resources in education and arts. It has also been called “The Renaissance City” at one point.
Providence was one of the first major cities in the United States to industrialize during the 19th century. Though manufacturing and technology has declined somewhat, there are still major centers of industry in the area. The primary parts of the economy are situated with health care, finance and education among other smaller sectors. Due in large part to the fact that Providence is the capital city, the government provides many jobs as well. The city also houses several Fortune 500 companies as well as Fortune 1000 companies and is home to the headquarters of several major banks. Needless to say, there are great opportunities for those seeking employment in major corporate areas.

Local Schools:

The city of Providence has a large amount of higher education centers and colleges. The colleges that call Providence home include Rhode Island School of Design, Brown University, Rhode Island College, Johnson & Wales University and Providence College to name a few. No matter what challenge you are looking for with regards to getting a better education, you’ll find that Providence is a great place to study, live and grow.
Providence has a long standing historical context and offers great opportunities for both higher education and businesses alike. It has been a great point of interest in the New England area and offers a great wealth of diversity overall. You’ll be hard pressed to find a better city on the East Coast that offers such a rich history like Rhode Island. Please visit our website as we have a page dedicated to office space in Providence. Our free service provides listings and solutions to you questions regarding commercial offices in the local Providence area. We even search and find the office that best fits your company’s needs.