Search
Story results for:
Nolletti, Pentore and Klockner of IPA complete sale of 67-unit multifamily property
September 22, 2023
Manchester, CT Institutional Property Advisors (IPA), a division of Marcus & Millichap, completed the sale of Charles Dr., a 67-unit multifamily property. “Manchester is home to a large population of renters working in the aerospace, healthcare, insurance and financial services, biotech, education and retail service industries,” said Victor Nolletti, IPA executive managing director investments.
Camber Property Group closes on $23m acquisition of 106-unit affordable housing complex
September 22, 2023
Manchester, CT Camber Property Group has closed $23 million on the acquisition and preservation of the Oakland Heights Apartments, a 12-acre 106-unit affordable housing community located at 360 Oakland St. Oakland Heights marks Camber’s first Connecticut transaction and
Svigals + Partners completes first phase of advanced research base
September 22, 2023
Bradford, CT Art and advisory firm, Svigals + Partners, has completed the first phase of a new headquarters for protein sequencing company Quantum-Si. The new research laboratory and modern workplace, which will soon consolidate two prior facilities into a single, technologically advanced
The Ashforth Company appoints Sullivan CFO
September 22, 2023
Stamford, CT The Ashforth Company has appointed seasoned financial executive Melissa Sullivan as its chief financial officer. In July 2022, The Ashforth Company announced that its board of directors adopted an 18-month succession plan to promote Ryan Harvey to chief executive officer effective January 1, 2024. Until that time Ryan Harvey is co-CEO alongside Andrew Ashforth.
Winstanley Enterprises acquires 1.071m s/f
warehouse for $122.3m - leased by Amazon
September 22, 2023
Windsor, CT Winstanley Enterprises LLC has acquired 200 Old Iron Ore Rd. The property was acquired for $122.3 million from German investor Deka Immobilien Investment GmbH and is leased to Amazon on a long-term basis. It was part of the open-ended real estate fund Deka-ImmobilienGlobal. The 1.071 million s/f fulfillment center, completed in 2014, is situated on an expansive 89.5 +/- acre site on Day Hill Rd.
Business is booming with arrival of diverse array of companies - by Frank Picozzi
September 15, 2023
The pace of life may generally slow down a bit during the “dog days of summer,” but business has been booming in Warwick with the arrival of a diverse array of companies to the community.
Mazo of Washington Trust named to United Global Leadership Council
September 15, 2023
Westerly, RI The Washington Trust Company said that Sandra Mazo, mortgage loan officer (NMLS # 269909), has been appointed to the executive committee for the Women United Global Leadership Council of United Way Worldwide.
DESIGNxRI and mayor Smiley launch 2024 Design Catalyst Program
September 15, 2023
Providence, RI Mayor Brett Smiley joined DESIGNxRI co-directors Rue Sakayama and Berit Lavender, along with Daniela Fairchild from RI Commerce, Sarah McBain from RJRI, and Design Catalyst Program graduate Liz Welch to announce the eighth annual
Design Week RI starts - September 18-23
September 15, 2023
Providence, RI The 10th annual DESIGN WEEK RI presents five days celebrating design. Starting September 18th, and running through September 23rd. Celebrate the 10th Annual DESIGN WEEK RI with over 30 events statewide.
Rhode Island Health and Educational Building Corp. closes on $93.5 million bond to finance new Centr...
September 15, 2023
Central Falls, RI The Rhode Island Health and Educational Building Corp. (RIHEBC) closed on a $93.52 million bond issue to finance the construction, furnishing, and equipping of a new 123,844 s/f high school at the corner of Lonsdale Ave.
Tidewater Landing moving forward & converting offices to housing - by Donald Grebien
September 15, 2023
Facing a high interest rate environment and construct cost inflation, there’s no doubt that commercial real estate development is facing challenges. Fortunately, one of Pawtucket’s largest economic development opportunities, the
City of East Providence to receive $3.37 million to help fund multipurpose community facility
September 15, 2023
East Providence, RI City of East Providence to receive $3,377,831 to help fund the building of a multipurpose community facility for our residents.
East Providence’s tree planting efforts increase livability - by Roberto DaSilva
September 15, 2023
The city of East Providence is on a mission to increase the livability of its neighborhoods and commercial areas by implementing an aggressive tree planting program. The city maintains approximately 8,300 public trees along its streets, parks, schools and other
Foncellino Team at Coldwell Banker Commercial sells 4,000 s/f
September 15, 2023
Warwick, RI The Foncellino Team at Coldwell Banker Commercial (CBC) listed and sold a 4,000 s/f building at 42 Greco Ln. to Pierce Properties, LLC.
Alves of Alves of Elite Commercial Realty sells 11-unit mixed-use property
September 15, 2023
Warren, RI Michael Alves of Elite Commercial Realty sold 26 Child St. The property contains 11-units (two commercial and nine residential apartments).
Aloft Providence Downtown recognized by Marriott International
September 15, 2023
Providence, RI Marriott International has awarded the Aloft Providence Downtown the brand’s “Opening Hotel of the Year”. The design-driven. hotel located at 191 Dorrance St. is owned by CV Properties and Boston Andes Capital
Ancora L&G to develop 210,000 s/f life sciences
building at 150 Richmond St. in Providence, RI
September 15, 2023
Providence, RI Ancora L&G has launched construction of a new life sciences building on a parcel of land at 150 Richmond St. Ancora L&G will develop a 210,000 s/f building designed specifically to bring a diverse set
Schultheis of Sweeney Real Estate & Appraisal sells 2,820 s/f restaurant for $1.1 million
September 15, 2023
Westerly, RI Dragon Palace of Westerly, LLC purchased the real estate located at 162 Granite St. from PCFP Westerly Real Estate LLC. Dragon Palace has been leasing the 2,820 s/f restaurant since
Sendero Capital and Angelo Gordon complete acquisition of 30,000 s/f medical office
September 15, 2023
Providence, RI JLL Capital Markets advised Sendero Capital and Angelo Gordon on the acquisition of 2 Wake Robin Rd., a 30,000 s/f medical office building.
Giuttari and Mitchell of MG Commercial sell 24,500 s/f office for $1.925 million
September 15, 2023
Warwick, RI Mike Giuttari, SIOR and Leeds Mitchell, SIOR of MG Commercial have sold a 24,500 s/f office building located at 95 Jefferson Blvd. for The Jewelers Board of Trade to the Rhode Island Credit Union (RICU)