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150 Richmond 150 Richmond St 8,000 - 90,000 SF of 4-Star Office/Medical Space Available in Providence, RI 02903
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.
- Anchored by the Rhode Island State Health Laboratory and Ocean State Lab Incubator, 150 Richmond aligns closely with medical research institutions.
- 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.
- Ocean State Labs' purpose-built wet labs and offices support early-stage research with flexible layouts in a market with limited lab competition.
- Resilient infrastructure includes 60% wet-lab capacity, standby power, lab waste systems, & dual 1,300 kW generators for mission-critical operations.
- Surrounded by top universities, dense talent, and a vibrant waterfront, it offers a rare foothold in the up-and-coming Northeast life sciences market.
All Available Spaces(3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
Ready for custom build-out
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 90,000 SF of adjacent space
- Reception Area
- Elevator Access
- Security System
- Corner Space
- Exposed Ceiling
- Natural Light
- Emergency Lighting
- Energy Performance Rating - A
- Private Restrooms
- Wheelchair Accessible
- Conference Rooms
- Laboratory
- Central Air and Heating
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Secure Storage
- Bicycle Storage
- Shower Facilities
- Common Parts WC Facilities
- Smoke Detector
Ready for custom build-out
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 90,000 SF of adjacent space
- Reception Area
- Elevator Access
- Security System
- Corner Space
- Exposed Ceiling
- Natural Light
- Emergency Lighting
- Energy Performance Rating - A
- Smoke Detector
- Conference Rooms
- Laboratory
- Central Air and Heating
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Secure Storage
- Bicycle Storage
- Shower Facilities
- Private Restrooms
- Wheelchair Accessible
Ready for custom build-out
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 90,000 SF of adjacent space
- Reception Area
- Elevator Access
- Security System
- Corner Space
- Exposed Ceiling
- Natural Light
- Shower Facilities
- Common Parts WC Facilities
- Smoke Detector
- Conference Rooms
- Laboratory
- Central Air and Heating
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Secure Storage
- Emergency Lighting
- Energy Performance Rating - A
- Private Restrooms
- Wheelchair Accessible
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 5th Floor | 8,000-30,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office/Medical | Shell Space | Now |
| 6th Floor | 8,000-30,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office/Medical | Shell Space | Now |
| 7th Floor | 8,000-30,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Office/Medical | Shell Space | Now |
5th Floor
| Size |
| 8,000-30,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
6th Floor
| Size |
| 8,000-30,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
7th Floor
| Size |
| 8,000-30,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Office/Medical |
| Condition |
| Shell Space |
| Available |
| Now |
5th Floor
| Size | 8,000-30,000 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Ready for custom build-out
- Lease rate does not include utilities, property expenses or building services
- Conference Rooms
- Can be combined with additional space(s) for up to 90,000 SF of adjacent space
- Laboratory
- Reception Area
- Central Air and Heating
- Elevator Access
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Natural Light
- Bicycle Storage
- Emergency Lighting
- Shower Facilities
- Energy Performance Rating - A
- Common Parts WC Facilities
- Private Restrooms
- Smoke Detector
- Wheelchair Accessible
6th Floor
| Size | 8,000-30,000 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Ready for custom build-out
- Lease rate does not include utilities, property expenses or building services
- Conference Rooms
- Can be combined with additional space(s) for up to 90,000 SF of adjacent space
- Laboratory
- Reception Area
- Central Air and Heating
- Elevator Access
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Natural Light
- Bicycle Storage
- Emergency Lighting
- Shower Facilities
- Energy Performance Rating - A
- Private Restrooms
- Smoke Detector
- Wheelchair Accessible
7th Floor
| Size | 8,000-30,000 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Office/Medical |
| Condition | Shell Space |
| Available | Now |
Ready for custom build-out
- Lease rate does not include utilities, property expenses or building services
- Conference Rooms
- Can be combined with additional space(s) for up to 90,000 SF of adjacent space
- Laboratory
- Reception Area
- Central Air and Heating
- Elevator Access
- Private Restrooms
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Exposed Ceiling
- Secure Storage
- Natural Light
- Emergency Lighting
- Shower Facilities
- Energy Performance Rating - A
- Common Parts WC Facilities
- Private Restrooms
- Smoke Detector
- Wheelchair Accessible
Matterport 3D Tours
Property 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.
- 24 Hour Access
- Bio-Tech/ Lab Space
- Reception
- Backup Power / Generators
Property Facts
Select Tenants
- Rhode Island State Health Laboratory
- State public health lab delivering disease testing, surveillance, and protection.
Marketing Brochure
Nearby Amenities
Hospitals |
|||
|---|---|---|---|
| Rhode Island Hospital | Acute Care | 2 min drive | 1.4 km |
| Women & Infants Hospital of Rhode Island | Acute Care | 3 min drive | 1.9 km |
| Roger Williams Medical Center | Acute Care | 5 min drive | 3.2 km |
| The Miriam Hospital | Acute Care | 7 min drive | 4.2 km |
| Our Lady of Fatima Hospital | Acute Care | 8 min drive | 6.3 km |
Restaurants |
|||
|---|---|---|---|
| Cafe La France | Cafe | $$$ | 3 min walk |
| Club Body Center Providence | Greek | - | 4 min walk |
| Narragansett Beer | American | $ | 4 min walk |
| Subway | - | - | 4 min walk |
| Red Mango | - | - | 4 min walk |
| Askew | - | - | 5 min walk |
| CBWC Chestnut | - | - | 4 min walk |
| Insomnia Cookies | Bakery | $ | 4 min walk |
| Pizza Queen | Pizza | $$$ | 4 min walk |
| Starbucks | Cafe | $ | 4 min walk |
Retail |
||
|---|---|---|
| 7-Eleven | Convenience Market | 6 min walk |
| YMCA | Fitness | 7 min walk |
| The UPS Store | Business/Copy/Postal Services | 8 min walk |
| Bank of America | Bank | 9 min walk |
| Raymond James | Finance Company | 9 min walk |
Hotels |
|
|---|---|
| aloft Hotel |
175 rooms
1 min drive
|
| Hampton by Hilton |
110 rooms
2 min drive
|
| Graduate Hotel |
294 rooms
2 min drive
|
| Homewood Suites by Hilton |
120 rooms
2 min drive
|
| Residence Inn |
176 rooms
2 min drive
|
| Omni |
564 rooms
2 min drive
|
| Courtyard |
219 rooms
2 min drive
|
| Hilton |
274 rooms
3 min drive
|
| Renaissance |
272 rooms
3 min drive
|
| Marriott |
354 rooms
4 min drive
|
Leasing Team
Leasing Team
Matt Fair, Partner
Matt has been actively involved in over $100 million dollars in sale and lease transactions. His financial analysis and coordinated processes has created added value for clients from a diverse cross-section of industries through solid real estate strategy.
Since starting at Hayes & Sherry Real Estate Services, Matt has worked exclusively representing: Prudential Financial, Sovereign Bank, Hobbs Brook Management, Care New England Hospitals, Blue Cross Blue Shield of RI, Unilever, Wyeth, American Heart Association, Andera, ShapeUp and Textron Realty.
Matt is an active member of the community and currently serves on the Board of Directors for Big Brother Big Sisters of Rhode Island, committee member for the Providence Foundation's "Young Leaders Association", ambassador for Rhode Island Family Services' "Dining Out For Life" program, and is a past student mentor at Year-Up.
Mr. Fair earned his bachelor's degree from the College of Charleston in Charleston, SC. Matt lives in Saunderstown, RI with his wife and two children.
Steve Flachbart, Senior Vice President
Prior to joining Hayes & Sherry, Steve spent 14 years at JLL working in the suburban Chicago market and steadily represented approximately two million square feet of properties across multiple submarkets. He contributed on various teams that brokered over 600 landlord and tenant representation transactions.
During his tenure at JLL in Chicago, Steve worked exclusively with many real estate investment firms including: Northwestern Mutual Life Insurance, Fulcrum Asset Advisors, LaSalle Investment Management, The Estate of James Campbell, M&J Wilkow, Spaulding and Slye Investments, Middleton Partners and the Radiological Society of North America. His most recent assignments in Chicago ranged from 100,000 to 750,000 rentable square feet per project.
Steve maximizes client satisfaction by understanding specific property or transaction goals and acting as a voice for clients throughout the process. He provides cash flow analysis including estimated costs and credits to create a holistic financial impact of a deal, and negotiates all economic facets including price/rent, construction allowances and abatement.
Steve earned his Bachelors in Business Administration with a concentration in Finance from Miami University in Oxford, Ohio and currently lives in Cranston, RI with his wife and two sons.
Holden Wilson, Associate Broker
Before joining Hayes & Sherry, Holden was in the Army for five years. He attended Airborne School and participated in Operation Atlantic Resolve in Eastern Europe before being Honorably Discharged as a Sergeant.
Following his military career, he worked as a Commercial Construction project manager in Savannah, GA on multiple projects across Georgia including the Addie, Peachtree Creek and the Townes at Clarkston. He also served as the Emergency Management Coordinator for the Town of Hilton Head Island, SC during hurricanes Debby and Helene.
Mr. Wilson earned his Bachelor’s in Business Administration with a concentration in Management from The University of South Carolina and currently lives in Providence, RI with his wife and son.
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150 Richmond | 150 Richmond St
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