News: Brokerage

Greene of Compass sells 125 Grotto Ave. for $3.06 million

Providence, RI Compass negotiated the sale of 125 Grotto Ave. for $3,060,000.* Kira Greene, founding agent of Compass Providence, represented the sellers. 

This 1929 brick Colonial is located on one of the East Side’s most distinguished streets, and offers living spaces, architectural details, and a layout designed for today’s lifestyle. With 5,430 s/f, the home features six bedrooms, five full and two half baths and includes a walk out lower level with wet bar, media center and glass doors that lead out to a private yard, enclosed by brick walls.

“I’m truly grateful to my clients for placing their trust in me to guide them from listing to closing,” said Greene. “Helping them navigate this important milestone is a role I value deeply. This transaction marks the second-highest sale on Grotto Ave. in MLS history — and I’m proud to have also achieved the highest sale there in 2024. With Compass’s unmatched reach as the #1 luxury brokerage in Rhode Island and nationwide, we continue to deliver results that set the standard on the East Side of Providence.”

YTD, Greene is the #1 Individual Realtor for closed sales volume and is a leading luxury agent across the state. In 2024, Greene ranked as the #3 Realtor statewide and the #2 Realtor on the East Side, with $72 million in closed sales volume. Her performance in Rhode Island’s luxury market is highlighted by her involvement in 31 transactions of $1 million properties across the state in 2025 alone.*

Compass ranked as the #1 brokerage in Rhode Island for 2024 by total sales volume, with over $1 billion in closed sales.† Compass also ranked as the #1 Luxury Brokerage for closed sales volume over $1 million.††

*Data points based on information from the Rhode Island Statewide MLS for the period of 01/01/2024 - 08/14/2025. Luxury defined as $1M+.

†Data and rankings based on information from Rhode Island Statewide MLS for the time period 1/1/2024-12/31/2024. Sales volume for Compass in Rhode Island includes transactions closed under Compass, Lila Delman Compass. Luxury market defined as $1M+ sales. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only.

††Source: RealTrends Closed Sales Volume, 1.1.21 - 12.31.24

MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The rise of AI in CRE - And what it means for every  skilled profession - A broker & appraiser weighs in - by Bryan Plourde

The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde

This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
End of the year retail thoughts - by Carol Todreas

End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.