2024 Office Space Rent & Sales
- $17.68 2024 Avg. Asking Rent
- 33.61% 2024 Office Vacancy Rate
Warwick office price per square foot in 2024 was $17.68 on average. The local office market recorded an average vacancy rate of 33.61% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Rhode Island Class A & A+ Office Space$32.80
- Rhode Island Class B Office Space$19.59
- Rhode Island Class C Office Space$12.50
Warwick, RI Office Asking Rents by Class
Office Spaces for Rent in Rhode Island
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Coworking Spaces in Rhode Island
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| Office building | Address | SF | Completed |
|---|---|---|---|
| One International Way | One International Way, 02886 | 30,000 | 2009 |
| Metro East Office Park | 117 Metro Center Boulevard, 02886 | 75,000 | 2008 |
| Metro East Office Park - 117 Metro Center Blvd | 117 Metro Center Blvd, 02886 | 75,000 | 2008 |
| 117 Metro Center Blvd #1007 | 117 Metro Center Blvd, 02886 | 1,031 | 2008 |
| The Offices at the Crossings - 100 Crossings Blvd | 100 Crossings Blvd, 02886 | 118,020 | 2007 |
| Jefferson Gateway | 935 Jefferson Blvd, 02886 | 125,000 | 2006 |
| 20 Altieri Way | 20 Altieri Way, 02886 | 24,000 | 1990 |
| Centerville Commons | 875 Centerville Road, 02886 | 4,928 | 1988 |
| 205 Hallene Road, Suite 1 | 205 Hallene Road, Suite 1, 02886 | 4,540 | 1986 |
| Metro Center II | 475 Kilvert Street, 02886 | 139,636 | 1985 |
Worth noting among recent office completions on the Warwick market is One International Way, which is currently the largest new office development in the city, at 30,000 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Warwick commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.