Rhode Island

Pennrose celebrates groundbreaking for
Parcel 9 phase 1 in Fox Point

Providence, RI Pennrose, the I-195 Redevelopment Commission, the city, and project partners celebrated the groundbreaking of Parcel 9 phase 1, kicking off the transformation of the vacant 1-195 Redevelopment

Radesca of Mott & Chace Sotheby’s sells 24 Orient Ave. for $5.075 million

Jamestown, RI Mott & Chace Sotheby’s International Realty negotiated the sale of “Bayview,” 24 Orient Ave. for $5.075 million. The sellers were represented by Susan Radesca of Mott &

Amper of Capstone sells 47,526 s/f industrial building for $3.25 million

Warwick, RI Neil Amper, SIOR, vice president of Capstone Properties has sold a 47,526 s/f industrial building on 4.27 acres at 289 Kilvert St. There were five bids on the facility and the sellers chose New England Pallet and

DESIGNxRI and mayor Smiley launch 2024 Design Catalyst Program

Providence, RI Mayor Brett Smiley joined DESIGNxRI co-directors Rue Sakayama and Berit Lavender, along with Daniela Fairchild from RI Commerce, Sarah McBain from RJRI, and Design Catalyst Program graduate Liz Welch to announce the eighth annual

Giuttari and Mitchell of MG Commercial sell 24,500 s/f office for $1.925 million

Warwick, RI Mike Giuttari, SIOR and Leeds Mitchell, SIOR of MG Commercial have sold a 24,500 s/f office building located at 95 Jefferson Blvd. for The Jewelers Board of Trade to the Rhode Island Credit Union (RICU)

Aloft Providence Downtown recognized by Marriott International

Providence, RI Marriott International has awarded the Aloft Providence Downtown the brand’s “Opening Hotel of the Year”. The design-driven. hotel located at 191 Dorrance St. is owned by CV Properties and Boston Andes Capital

Alves of Alves of Elite Commercial Realty sells 11-unit mixed-use property

Warren, RI Michael Alves of Elite Commercial Realty sold 26 Child St. The property contains 11-units (two commercial and nine residential apartments).

Tidewater Landing moving forward & converting offices to housing - by Donald Grebien

Facing a high interest rate environment and construct cost inflation, there’s no doubt that commercial real estate development is facing challenges. Fortunately, one of Pawtucket’s largest economic development opportunities, the

Business is booming with arrival of diverse array of companies - by Frank Picozzi

The pace of life may generally slow down a bit during the “dog days of summer,” but business has been booming in Warwick with the arrival of a diverse array of companies to the community.

City of East Providence to receive $3.37 million to help fund multipurpose community facility

East Providence, RI City of East Providence to receive $3,377,831 to help fund the building of a multipurpose community facility for our residents.