2020 Office Space Rent & Sales
- $23.60 2020 Avg. Asking Rent
- 11.26 % 2020 Office Vacancy Rate
Warwick office price per square foot in 2020 was $23.60 on average. The local office market recorded an average vacancy rate of 11.26 % across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Warwick Class A Office Space$24.55
- Warwick Class B Office Space$22.64
- Rhode Island Class A Office Space$27.50
- Rhode Island Class B Office Space$22.67
Warwick, RI Office Asking Rents by Class
2020 Office Construction in Warwick, RI
- Warwick, RI Total Sqft completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Warwick office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|1 Coastway Blvd||1 Coastway Blvd, 02886||47,180||2014|
|Metro East Office Park - 125 Metro Center Blvd||125 Metro Center Blvd, 02886||42,642||2011|
|The Offices at the Crossings - 100 Crossings Blvd||100 Crossings Blvd, 02886||118,020||2007|
|300 Jefferson Blvd||300 Jefferson Blvd, 02888||75,000||2007|
|The Offices at the Crossings - 200 Crossings Blvd||200 Crossings Blvd, 02886||64,434||2007|
|Jefferson Gateway||935 Jefferson Blvd, 02886||125,000||2006|
|1 International Way||1 International Way, 02886||30,000||2006|
|935 Jefferson Blvd #1000||935 Jefferson Blvd, 02886||10,000||2006|
|1 Beacon Center||1 Beacon Center, 02886||59,090||1999|
|301 Metro Center Blvd||301 Metro Center Blvd, 02886||46,598||1998|
Worth noting among recent office completions on the Warwick market is 1 Coastway Blvd, which is currently the largest new office development in the city, at 47,180 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. 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.