Some of my predictions for 2019 include the following:
Strong job growth and reasonably low vacancy rates should continue into 2019 which will create a positive atmosphere for commercial, residential and industrial properties through 2020.
The expectation is a slight rise in vacancy rates in the office sector with a slight downturn in the rental rate growth for 2019.
In the apartment sector, vacancy rates should remain low and rental rate growth should remain positive in the upcoming year.
As we enter the spring of 2026, the Rhode Island industrial real estate market stands on stable footing, following several years of resilience fueled by constrained supply, steady demand, and dynamic economic conditions.