Rhode Island

Foncellino Team of Coldwell Banker Commercial sells 3,000 s/f office for $425,000

Attleboro, MA The Foncellino Team of Coldwell Banker Commercial division, listed and sold 3,000 s/f of office space at 166 Bank St. for $425,000. The seller was Rhumb Line Realty and buyer was Foos Fire. This building, near downtown, has access to main highways and train station.

Alves of Elite Commercial Realty sells 490 Atwood Ave. and leases 1,250 s/f retail

Cranston, RI Michael Alves of Elite Commercial Realty Group – HomeSmart Professionals Real Estate acted on behalf of the sellers Antonio DiRaimo and Pat DiRaimo of 490 Atwood Ave. Kerri-Ann Frazier purchased the property to open her own

Larew Doyle & Assocs. arranges $15.9 million
land acquisition financing for Laurelmead

Providence, RI Larew Doyle & Associates placed $15.9 million in land acquisition financing on behalf of Laurelmead, a senior living community. The financing enabled Laurelmead to acquire the land beneath its community, previously leased

JK Equities breaks ground on
160,000 s/f distribution center

Pawtucket, RI JK Equities has officially broken ground on the Blackstone Distribution Center — a 160,000 s/f class A industrial project at 1 Moshassuck St. Represented by JLL, the project marks the state’s first urban speculative

Improvements to RI’s historic tax credit passed by General Assembly, but much work still remains to keep program viable

Providence, RI In the past year, Preserve Rhode Island and Grow Smart Rhode Island have worked jointly to advocate for improvements to RI’s Historic Tax Credit program. This has involved meeting directly with developers to better understand

Washington Trust named RI’s Best-In-State Bank by Forbes for seventh year

Westerly, RI Washington Trust has been recognized as Rhode Island’s Best-In-State Bank for 2025 by Forbes, marking the seventh consecutive year the bank has appeared on the list, and the third consecutive year they have been ranked #1.

Nine Post Rd. receives approval for six units and commercial space - by Frank Picozzi

After several years of planning, the owners of a property in historic Pawtuxet Village recently received planning board master plan approval for a mixed-use building consisting of six residential units and 1,510 s/f of commercial space along the banks of the majestic Pawtuxet River.

New comprehensive plan guides city of East Providence’s future - by Roberto DaSilva

The city recently reached a major milestone when, after years of preparation, outreach, and review, the East Providence city council formally voted to adopt the city’s new comprehensive plan. Last adopted in 2010, the comprehensive plan is a guidance

Construction begins on another successful Rhode Island Ready project - by Steven J. King

In a state where land zoned for industrial use is at a premium, Rhode Island is proving that smart, strategic investment can unlock new potential from long-dormant properties. For years, the industrial site at 1 Moshassuck St. in Pawtucket, sat vacant. However,

Joyal of Lila Delman Compass
sells 18 Ninigret Ave. for $5.5 million

Charlestown, RI Lila Delman Compass negotiated the sale of 18 Ninigret Ave. for $5.5 million, marking the highest sale in Charlestown year to date according to data maintained by the Rhode Island MLS.* Lori Joyal of Lila Delman Compass’ Watch Hill office