Leasing Opportunities

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Now Leasing

The Quonset Development Corporation leases industrial space in our Flex Industrial Campus; fully furnished offices and suites in our Gateway Office Campus; and warehouse space in our West Davisville Warehouses. Ground leases are also available.

Ground Leases

The Quonset Business Park is managed in the best interests of the citizens of Rhode Island to attract and retain successful businesses that provide diversified jobs. The remaining developable land within the Park is available for long-term ground lease. Please contact us for more information.

Leasing Incentives

To incentivize new development, the Quonset Development Corporation offers lease incentives based on the length of a ground lease term and the number of employees working at the site.  The longer the lease term, the larger the discount off of the ground lease rent.

Years        Discount
    5              2%
    10            4%
    15            8%
    20           12%
    25           16%
    50           25%

Under the employment incentive, 0.5% of annual wages paid, as reported to the Division of Taxation, is deducted from the ground rent.  The two incentives combined (Term and Employment) cannot exceed 50% of the annual ground lease rent.