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McEvoy of The Conrad Group sells
16,500 s/f industrial for $3.3 million
December 20, 2024
Weymouth, MA Avventura Realty, LLC has sold its industrial building located at 144 Moore Rd. to Harold Brothers Realty, LLC. The property consists of a 16,500 s/f office/warehouse facility on over an acre. The building is fully air-conditioned, has a 19 ft. clear ceiling
B&D Holdings acquires fully leased
109,300 s/f industrial property for $18.5 million
December 20, 2024
Avon, MA JLL capital markets arranged the $18.5 million sale and acquisition financing for 21 Parker Dr., a 109,300 s/f industrial asset. JLL represented the seller, Oliver Street Capital and Bain Capital Real Estate, in the sale to B&D Holdings. Working on behalf of the new owner
Kay Properties founder Dwight Kay, publishes the “1031 Exchange Times”, a newspaper specificall...
December 12, 2024
Torrance, CA Dwight Kay, founder and CEO of Kay Properties & Investments, a national leader in Delaware Statutory Trust equity placements and 1031 exchange investor education, published its exclusive 1031 Exchange Times. The newspaper will provid
Grove Property Group completes $4.9 million sale of a six-unit multifamily portfolio
December 6, 2024
Boston, MA Grove Property Group (GPG), a multifamily brokerage specializing in off-market transactions, has completed the successful sale of a six-unit multifamily portfolio for $4.9 million. Located in the Dorchester area of Boston
Now is the time to be part of the NEREJ 2024 Year in Review!
December 6, 2024
It’s that time of year when NEREJ will recap cover stories from 2024 and invite our valued clients, editorial contributors and industry leaders to share their notable accomplishments, projects and transactions from 2024 along with key insights on emerging trends that will impact the CRE industry in 2025.
Quonset Business Park’s momentum continues into 2025 - by Steven J. King
December 13, 2024
The momentum at Quonset Business Park, located in North Kingstown, R.I., continued throughout 2024, and the Business Park remains a critical economic engine for the region. As we have for many years now, Quonset ranked among the top 10 best industrial parks in the United States and was one of the top 10 auto
Washington Trust opens 28th branch
December 13, 2024
Providence, RI Washington Trust opened its 28th branch location located in the Olneyville neighborhood at 1917 Westminster St. Edward Handy III, Washington Trust chairman and chief executive officer, and Mary Noons, Washington Trust president and chief operating officer, as well as other members of
Gilbane Development and CBRE Investment Management form strategic real estate partnership
December 13, 2024
Providence, RI Gilbane Development Co. has formed a strategic partnership with CBRE Investment Management (CBREIM) involving six purpose-built, student housing properties across the country. This transaction included a recapitalization of three operational communities through a GP-Led secondary and three shovel-ready development
The benefits of municipal economic and residential growth - by Roberto DaSilva
December 13, 2024
East Providence is a community that recognizes the benefits of responsible economic and residential growth. In the years between 1980 and 2010, the city lost approximately 3,000 residents or about 8% of its population. Today the population is holding steady with some projections still forecasting a decline. However, past losses in population have
City of Warwick has numerous opportunities for development - by Frank Picozzi
December 13, 2024
The Saturday before Thanksgiving was a whirlwind of activity as the city celebrated the opening of three new business locations – one, a Rhode Island institution, one, a first for the state, and the other, a family-owned small business.
Arpin honored with Commitment to Excellence Platinum award at Cartus’ global conference
December 13, 2024
West Warwick, RI Arpin International Group was honored with the 2024 Commitment to Excellence Platinum award in the International Moving Services category. The award was presented virtually at Cartus Corporation’s Global Network Conference.
Hersey of Williams & Stuart and Keach of Coldwell Banker Realty earn NAR’s Omega Tau Rho Medallion...
December 13, 2024
Warwick, RI Sally Hersey of Williams & Stuart Real Estate and Michelle Keach of Coldwell Banker Realty have been inducted into the Omega Tau Rho fraternity of the National Association of Realtors.
Schultheis of Sweeney Real Estate sells 3,800 s/f retail building for $530,000 to Rinaldi Bros. Roof...
December 13, 2024
North Kingstown, RI Eric Schultheis of Sweeney Real Estate & Appraisal brokered the transaction at 3681 Quaker Ln. The 3,800 s/f retail building with 177 ft. of frontage on Quaker Ln. sold for $530,000 to Rinaldi Brothers Roofing,
Hayes & Sherry facilitates $2.5 million
purchase of 34,815 s/f office building
December 13, 2024
Westerly, RI For the second time in six months, Hayes & Sherry is at the forefront of a transaction involving the sale of a building in Westerly Industrial Park. The firm, which is a Cushman & Wakefield alliance member, facilitated the $2.5 million purchase of 1 Crosswind Rd.
Coldwell Banker leases 1,500 s/f medical/office
December 13, 2024
North Providence, RI The Foncellino Team of Coldwell Banker commercial division listed and leased 1,500 s/f of office space in a medical building at 1804 Mineral Spring Ave. to Simply Skincare. The space includes six office suites which have been renovated.
Coan and Brown of Paramount Partners broker 1,708 s/f KFC lease
December 13, 2024
strong>Westerly, RI Brendan Coan and Sean Brown of Paramount Partners represented Kentucky Fried Chicken franchisee D.E. Foods, Inc. in their 1,708 s/f store lease at 160 Granite St./Rte. 1. Paramount identified the site and negotiated a long-term lease with the property’s owner, Granite City Law LLC
Finegold Alexander and project team celebrate
beam signing for 100,000 s/f Gladstone Elementary ...
December 13, 2024
Cranston, RI Finegold Alexander Architects celebrated the erection of the structural steel framing for the new Gladstone Elementary School during the beam-signing ceremony. Finegold Alexander’s principals Regan Shields Ives, along with team members Erin Flaherty and Connor Byrne,
Discover design talent: Fall 2024 design catalyst showcase highlights Rhode Island creative small bu...
December 13, 2024
Newport, RI Rhode Island’s creative future takes center stage at the Fall 2024 Design Catalyst Showcase on Wednesday, December 11th, from 6:30-8:30 PM at Innovate Newport. Celebrate the innovative talent of the 2024 Fall Catalyst Cohort as they share the stories of their incredible creative small businesses. DESIGNxRI
Bailey of Lila Delman Compass sells 25 Fly Jib Court
for $3.9 million; renovated by Sweenor Buil...
December 13, 2024
Jamestown, RI Lila Delman Compass negotiated the sale of 25 Fly Jib Ct. for $3.9 million. Bob Bailey of Lila Delman Compass’ local office represented the seller. The contemporary home, recently redesigned and renovated by Sweenor Builders, is sited on three acres overlooking Narragansett Bay.
Kern of Sweeney sells 25,472 s/f
former mill building for $3.5 million
December 13, 2024
North Providence, RI Joseph Kern of Sweeney Real Estate & Appraisal represented the sellers in the sale of 1119 Douglas Ave. The 25,472 s/f mill refurbished into residential use was sold for $3.5 million to Meta Mill, LLC. The buyers were represented by Zhongyuan Williams