Office vacancy
Present
13.7% overall vacancy, all classes, Q2 2026, per Cushman & Wakefield and Hayes & Sherry's Providence MarketBeat; year-to-date net absorption 115,000 sq ft; asking rent $23.03. The figure is the Rhode Island market, not the boundary. The report says the market is tight with no speculative office construction expected, and that FM's purchase of 10 Memorial Blvd took nearly 60,000 sq ft of Class A space off the central business district. Q4 2021 was 15.85% per CBRE. S31 S32 S20
On the list because a peer downtown has it. Not yet verified by the author.
Peers, inside their own declared downtowns
- Worcester Present Two marketing posts five days apart give Class A at about 14% vacant (Mar 4 2026) and about 10% (Mar 9 2026); Worcester market, Class A only, no dated quarterly report. R4 R5
- New Haven Present 19.7% availability, H1 2025, New Haven County per CBRE; availability rather than vacancy, county rather than downtown. 24.26% all-class market figure in 2024 per CommercialCafe. R6 S21
Notes
All three are market-wide. The Providence report has a submarket table with a CBD line that has not been read off the PDF yet.