401-340-3021
150 Richmond St, Providence, RI for Rent

Office/Medical - For Rent
1/23
8,000-90,000 SF | 1 Space

150 Richmond St
Providence, RI 02903
Downtown Providence


HIGHLIGHTS

  • 150 Richmond Street is a Class A life science and laboratory building in Providence’s Jewelry District, offering up to 90K SF of high-quality space.
  • Ocean State Labs' purpose-built wet labs and offices support early-stage research with flexible layouts in a market with limited lab competition.
  • Anchored by the Rhode Island State Health Laboratory and Ocean State Lab Incubator, 150 Richmond aligns closely with medical research institutions.
  • Resilient infrastructure includes 60% wet-lab capacity, standby power, lab waste systems, & dual 1,300 kW generators for mission-critical operations.
  • Located in the 195 District, it is walkable to parks, dining, and Brown Medical School, with rapid access to Amtrak, MBTA, and Interstates 95 and 195.
  • Surrounded by top universities, dense talent, and a vibrant waterfront, it offers a rare foothold in the up-and-coming Northeast life sciences market.

OVERVIEW

Where innovation takes root, 150 Richmond Street stands as a state-of-the-art lab and technology destination in Providence, offering approximately 90,000 square feet across the fifth through seventh floors, with typical floor plates of 29,748 rentable square feet. Purpose-built for life science, laboratory, and research and development users, the LEED Gold Certified building brings together academia, cutting-edge science, and forward-thinking entrepreneurs within Providence’s rapidly expanding innovation ecosystem. As the first purpose-built life sciences and technology facility of its kind in Downtown Providence, the opportunity is distinguished by flexible, incubator-style wet labs, integrated office space, and infrastructure designed to support companies from early-stage research to scaled growth, all within a market with limited direct lab competition between Providence and Greater Boston. A regional landmark in life science innovation, 150 Richmond Street is anchored by institutional credibility, including the Rhode Island State Health Laboratory. It is closely aligned with Brown University, medical schools, and affiliated research institutions. This Class A building’s infrastructure supports a 60% wet-lab and 40% office build-out, with the flexibility to accommodate organizations ranging from single-bench users to full-floor occupiers. Centralized standby power, lab waste systems, and two 1,300-kilowatt natural gas emergency generators ensure operational resilience. Intentionally designed to foster collaboration, accelerate discovery, and position biotech, medical research, and technology companies to uncover world-changing breakthroughs. Centrally located within Providence’s burgeoning life sciences ecosystem and the innovative 195 District, 150 Richmond Street benefits from exceptional connectivity and a deep talent pipeline. Occupants enjoy its walkability to city amenities, parks, entertainment venues, and Brown Medical School, as well as its location minutes from the 195 District Park. Transit access is immediate, with a three-minute walk to the RIPTA Downtown Connector, Amtrak, MBTA, a four-minute drive to Interstates 95 and 195, and a nine-minute drive to Route 6. Providence’s shoreline setting offers scenic bike paths, green spaces, and a vibrant, walkable urban fabric filled with artisan cafés, boutique retail, waterfront dining, and historic architecture. With 148 colleges and universities within a 60-mile commute and the highest student density per square mile in the United States, the region delivers a sustained pipeline of research talent. Rhode Island’s life sciences sector reflects strong momentum, with 27,300 workers directly employed in life sciences, 11% employment growth since 2015, 92% growth in life sciences establishments since 2023, and a $5.9 billion total economic impact. 150 Richmond Street offers a rare opportunity to establish a presence in one of the Northeast’s fastest-growing life sciences markets.

RENTAL DETAILS

SPACE AVAILABLE

8,000-90,000 SF

MAX CONTIG. (BLDG)

90,000 SF

# OF SPACES

1

RENT RATE (MO)

Request Info for Rent

RENT RATE (YR)

Request Info for Rent

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

210,000 SF

BUILDING CLASS

A

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904.4 SF

ZONING

D-1-12

ASK ABOUT THIS PROPERTY

Matt FairHayes & SherryMore Info
401-340-3021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Matt FairHayes & SherryMore Info
401-340-3021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.