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2024 mid-year residential musings - by William Pastuszek
August 9, 2024
Halfway through the year, dealing with high mortgage rates, thin inventories, and unsatisfying amount of sales data, make understanding residential markets as challenging as ever. Let’s take a mid-summer step back and take a look at the state of markets. Following is a discussion of residential market issues.
Staiti promoted to senior vice president, regional executive for commercial banking at Rockland Trus...
August 9, 2024
Worcester, MA According to Rockland Trust, Peter Staiti has been promoted to the position of senior vice president, regional executive for commercial banking. In this new role, Staiti will be responsible for leading and managing a team of experienced commercial banking professionals across Worcester County and Central Massachusetts.
Tropp of Eastern Union arranges $13.297 million financing for ground-up construction of a self-stora...
August 9, 2024
Worcester, MA Marc Tropp, a senior managing director with Eastern Union, has secured $13.297 million in financing toward the ground-up construction of a four-story, 931-unit, self-storage facility at 80 Barber Ave.
JLL Capital Markets secures $27.3 million in financing for a two-building industrial portfolio for N...
August 9, 2024
Hartford, CT JLL Capital Markets has secured $27.3 million in financing for a two-building industrial portfolio spanning over 315,000 s/f in Central Mass. and Greater Hartford, Conn.
Congressional delegation celebrates upgrades for rail infrastructure - by Steven J. King
August 9, 2024
It was our pleasure at Quonset to welcome federal, state and local leaders to the Business Park for a ribbon cutting and a train ride to celebrate recent upgrades to our rail infrastructure. Located in North Kingstown, Quonset Business Park is home to over 14,000 jobs at 239 companies
Mott & Chace Sotheby’s
opens office in Bristol
August 16, 2024
Bristol, RI Mott & Chace Soth-eby’s International Realty is opening of its eighth office. By keeping clients’ needs at the forefront, this new key location allows the firm and associates to better support buyers and sellers in the East Bay,
Pawtucket Redevelopment Agency and city seek development proposals for Downtown Gateway project - by...
August 9, 2024
The Pawtucket Redevelopment Agency (PRA), in coordination with the city of Pawtucket, seeks development proposals for the Downtown Gateway Project. This is the next step in the continued effort to redevelop approximately 20 acres located in the Pawtucket redevelopment area.
East Providence advances climate resilience projects - by Roberto DaSilva
August 9, 2024
The effects of climate change are being felt by communities across the country. While East Providence is fortunate to have a lower risk of natural disasters than many other communities, the city is currently engaged in projects on several fronts to mitigate the effects
New restaurants, coffee shops and juice bars add to city’s many options - by Frank Picozzi
August 9, 2024
Along with beautiful beaches and parks, Warwick is known for our myriad of dining options, from American fare, to classic Italian entrees, local seafood, mouthwatering breakfast and lunches, delicious pizza, and all culinary points in between. In recent weeks, more restaurants have found a
Fox of Compass sells 5,100 s/f 2 Harian Rd. for $3 million
August 9, 2024
Providence, RI Compass negotiated the sale of 2 Harian Rd. for $3 million. Kevin Fox, a founding agent of Compass’ Providence office, represented the seller and the buyer.
Alves of Elite Commercial Realty at KW Commercial sells 2,052 s/f mixed-use for $355,000
August 9, 2024
Warren, RI Michael Alves of Elite Commercial Realty at KW Commercial sold 653 Metacom Ave. for $355,000 on behalf of the seller, Brum Property Holdings LLC and the buyer, Kerri Hathaway. Elite Group acted on behalf of the buyer and seller.
Tobin and Hardings of Lila Delman Compass sell 1776 Corn Neck Rd. for $7.71 million
August 9, 2024
Block Island, RI Lila Delman Compass negotiated the sale of 1776 Corn Neck Rd. for $7.71 million. Rosemary Tobin, sales associate of Lila Delman Compass’ New Shoreham office, represented the seller and Dan and Nicole Harding of the Narragansett office
Casey of Sweeney Real Estate & Appraisal sells 6,732 s/f retail building for $850,000
August 9, 2024
Warwick, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers of a 6,732 s/f retail building located at 198 Buttonwoods Ave. The property is on 0.78 acres and was formerly leased to CVS.
DiPrete Engineering team at topping off
ceremony for stadium at Tidewater Landing
August 9, 2024
Pawtucket, RI DiPrete Engineering congratulates Rhode Island FC (RIFC) and Fortuitous Partners on the topping off ceremony for the Stadium at Tidewater Landing. This milestone represents a significant achievement in the development of a sports facility that will serve as a
Capital Group Properties plans to
open 8,500 s/f X-Golf at Warwick Center
August 9, 2024
Warwick, RI According to Capital Group Properties, X-Golf will open a new location at Warwick Center, a 160,000 s/f shopping center. X-Golf will bring a golf simulator experience to this new 8,500 s/f location slated to open in late 2024 adjacent to The Paper Store.
North Shore Realty Advisors facilitates
Diamond District portfolio sale for $27.9 million
August 2, 2024
Lynn, MA North Shore Realty Advisors, Inc has completed the sale of 175 Ocean St. which was combined with the sale of 262-268 Ocean St. located in the Diamond District
IFMA Fall Golf Classic and Fall Golf Clinic
August 2, 2024
Quincy, MA IFMA Boston’s Fall Golf Classic and Clinic at Granite Links on September 30th are now open for registration. Register here for a foursome: https://bit.ly/3LhvMFJ And we’re also holding our second annual Golf Clinic that day.
IFMA Boston Chapter FMForward Podcast
August 2, 2024
Have you checked out IFMA Boston’s FMForward Podcast yet? Season 6 has dropped, and we have a new host, Kate Thibeault, CFM. FMForward focuses on the rapidly changing landscape of Facility Management and how to remain on top of the FM game. In the sixth season we are exploring the FM Talent Gap, if it really exists and if so, what to do about it!
MassDevelopment issues $22.2m tax-exempt bond to build 80 units for phase one of Walnut St.
August 2, 2024
Foxborough, MA MassDevelopment has issued a $22.2 million tax-exempt bond on behalf of Walnut Street Phase One 4 LLC to build 80 units of affordable senior housing at 51 Walnut St., a project developed by a joint venture that includes Affordable Housing and Services Collaborative, Inc., Peabody Properties, Inc., and The Onyx Group.