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Cerda joins Primary Residential Mortgage
February 9, 2024
Cranston, RI Juan Cerda has joined Primary Residential Mortgage, Inc. (PRMI). Cerda’s mortgage experience spans over 25 years, beginning in the banking sector and then spending the last 14
Infrastructure Bank awards $12 million
in action grants to 19 communities
February 9, 2024
Newport, RI On January 25th, Infrastructure Bank joined with governor Dan McKee and mayor Xaykham Khamsyvoravong to award $12 million in Municipal Resilience Program Action Grants to 20 projects in 19 communities across Rhode Island.
East Providence collaboratively protects its historic resources - by Patrick Hanner
February 9, 2024
The city of East Providence recognizes that its historic resources are a key part of its character. East Providence has made significant gains in protecting these resources as a result of collaborative efforts with state agencies,
Greater Providence Board of Realtors accepting applications for 2024 Diversity Scholarship Program
February 9, 2024
Providence, RI The Greater Providence Board of Realtors (GPBOR) is accepting applications for its 2024 Diversity Scholarship Program. Three scholarships, offering up to $1,500 per person, will be awarded on a limited
Peregrine Group secures $6.6 million
financing from Rockland Trust
February 9, 2024
Newport, RI The Peregrine Group secured $6.6 million in financing from Rockland Trust for the construction of a housing development. The new residential condominium subdivision located at 50 Memorial Blvd. will feature eight units.
Cabot Properties closes its largest fund ever at $1.57 billion
February 9, 2024
Boston, MA Cabot Properties, a leading investor, developer and operator of logistics properties throughout the United States, Europe and Asia Pacific, has closed Value Fund VII on $1.57 billion of equity commitments, above its initial target of $1.5 billion.
R.W. Holmes leases 15,000 s/f to Peak Scientific at 210 Littleton Rd.
February 9, 2024
Westford, MA R.W. Holmes has negotiated a 15,000 s/f office/flex lease at 210 Littleton Rd., to Peak Scientific. Peak Scientific, a UK-based nitrogen generator manufacturer who supplies and supports laboratory-grade gas generators globally,
Foncellino Team of Coldwell Banker Commercial Brokerage leases 1,000 s/f
February 9, 2024
Cumberland, RI The Foncellino Team of Coldwell Banker Commercial (CBC) Brokerage leased 1,000 s/f at 2178 Mendon Rd. The Foncellino Team represented the tenants, Gadvisors Inc. and Mini Sharma
Cochran named interim executive director at ACE Mentor
February 9, 2024
Boston, MA According to ACE Mentor Program of Greater Boston, Reed Cochran will step into the role of interim executive director while ACE conducts a search for its next permanent E.D. After four years serving as executive director, Jen Fries has decided to leave her role to pursue other opportunities.
Mott & Chace sells 22 Main St. for $1.5 million
February 9, 2024
Little Compton, RI Mott & Chace Sotheby’s International Realty brokered the sale of 22 Main St. for $1.5 million. The sellers were represented by Ellie Wickes, and the buyers were represented by Liz
Sweeney Real Estate brokers 4,907 s/f office building sale for $680,000
February 9, 2024
Warwick, RI Thomas Sweeney, SIOR, principal of Sweeney Real Estate & Appraisal brokered the sale of 349 Centerville Rd. The 4,907 s/f office building located in the Office Commons 95 Complex served as the
Hardings of Lila Delman Compass sell 19 Sea Ridge Dr. for $3.2 million
February 9, 2024
Narragansett, RI Lila Delman Compass negotiated the sale of 19 Sea Ridge Dr. for $3.2 million. Dan and Nicole Harding of Lila Delman Compass’ Narragansett office, represented the seller. Located on over an acre in the West Passage neighborhood, this 4,443 s/f home features four bedrooms
Cushman & Wakefield handles 135,000 s/f
lease for Quality Custom Distribution
February 9, 2024
Taunton, MA Cushman & Wakefield has arranged a 135,000 s/f lease for Quality Custom Distribution (QCD) at the Taunton Trade Center located at 300 Charles F. Colton Rd. Cushman & Wakefield’s Philip Verre and Pete Whoriskey represented the landlord, Martignetti Companies, while the tenant was represented by Chon Kantikovit
Long of BankRI facilitates $7.1 million
loan to refinance 23-room Atlantic Inn
February 9, 2024
Block Island, RI An historic, landmark hotel on the island is getting a number of renovations in advance of the 2024 tourism season. In late December, the commercial real estate division of Bank Rhode Island (BankRI)
Gibbons of ABG Commercial brokers $6.4 million sale of 25,000 s/f building
February 9, 2024
Natick, MA ABG Commercial has orchestrated the sale of 197 West Central St. ABG represented the buyer, Empire Management. The property sold for $6.4 million. The transaction, facilitated by agent Bernard Gibbons, consisted of a three-acre parcel
Leidos leases 10,230 s/f from CB Equities at 100 Pennsylvania Ave.
February 9, 2024
Framingham, MA According to JLL, solutions company Leidos, a Fortune 500 technology, engineering, and science solutions and services leader, leased and has moved into 10,230 s/f of spec suite, move-in ready office space at 100 Pennsylvania Ave., a 74,000 s/f class A building
Newmark secures 95,800 s/f industrial
lease for Axcelis’ new distribution facility
February 9, 2024
Beverly, MA Newmark has arranged a 95,800 s/f industrial lease at 105 Sam Fonzo Dr. The transaction welcomes new tenant, Axcelis Technologies (Axcelis), an American company engaging in the design, manufacturing and servicing of capital equipment for the semiconductor manufacturing industry worldwide.
WinnCompanies secures $69.1 million financing for 114-unit mixed-income community in Swampscott, MA...
February 9, 2024
Swampscott, MA WinnDevelopment, the development arm of WinnCompanies, has closed on financing for a 114-unit, mixed income, transit-oriented apartment community, keeping construction on track for completion and occupancy by the middle of 2025.
M&T Bank signs 39,000 s/f office lease at Winthrop Center
February 9, 2024
Boston, MA According to developer Millennium Partners, M&T Bank, one of the nation’s largest banks with over $200 billion in assets, has signed a lease for 39,000 s/f of office space at Winthrop Center, a 691-foot mixed-use tower in the city. The energy-efficient office space at Winthrop Center was certified by Passive House Institute as the largest Passive House office building in the world.