News:
Brokerage
Posted: July 17, 2026
Lefrancois of Regal Commercial Real Estate sells 10,271 s/f property at 10 Lambert Ave./25 Beauregard Ave.
Cumberland, RI Michael Lefrancois Jr., president and principal broker of Regal Commercial Real Estate sold 10 Lambert Ave. and 25 Beauregard Ave. for $925,000.
Lefrancois represented the seller and the buyer, Optimized Medical, who will use the 10,271 s/f site as their new headquarters.
10 Lambert Ave. consists of a 10,271 s/f industrial warehouse which includes 15-ft. ceilings, six overhead doors, and an updated electrical system.
25 Beauregard Ave. is a .52-acre vacant lot behind 10 Lambert Ave.
The properties have access to Rte. 146, I-295 and I-95.
MORE FROM Brokerage
Six months later: How RBCRs are changing real estate transactions - by Louis Muratore
This shift from transaction-driven to release-driven regulation is already influencing how buyers, sellers, and developers evaluate environmental risk. Under the CPTP framework, environmental obligations were often triggered solely because a qualifying property changed ownership. The result was that many transactions became bogged down by environmental compliance requirements that had little relationship to current environmental risks.
Quick Hits
Columns and Thought Leadership
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.
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.
September Promotion
