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JLL Capital Markets completes sale of 160,000 s/f Warwick Center; acquired by Capital Group Properti...
April 8, 2022
Warwick, RI JLL Capital Markets has closed the sale of Warwick Center, a 160,000 s/f regional shopping center. JLL represented the seller, and Capital Group Properties LLC acquired the asset
The R.I. Department of Environmental Management plans new redevelopment for 5 acre Galilee site
April 8, 2022
Narragansett, RI The R.I. Department of Environmental Management (DEM) said that none of the bids that were submitted describing plans to redevelop the property occupied by the former Lighthouse Inn in the Port of Galilee were deemed to be viable by a review team, and DEM has ended the request
BankRI provides $2.4 million to refinance Touchdown Realty’s 10-unit project in East Greenwich
April 8, 2022
East Greenwich, RI Bank Rhode Island’s (BankRI) Commercial Real Estate division has closed a deal with Touchdown Realty Group, LLC, providing $2.4 million to refinance a 10-unit apartment building located at 319 Main St. The historic property is fully-occupied and underwent a complete
Quonset investment will make Rhode Island a renewable leader - by senator Alana DiMario and represen...
April 8, 2022
Representing the people of North Kingstown in the R.I. General Assembly is a great honor. It also gives us a chance to work with the team at the Quonset Business Park, a key statewide economic asset that is in our districts. Spread across 3,200 acres on two former Navy bases, Quonset is a real R.I. success story. Home to over 200 companies
City of Warwick stitched together by 30 villages giving neighborhood feel - by mayor Frank Picozzi
April 8, 2022
With a population of over 82,000, the city of Warwick is one of Rhode Island’s largest municipalities, but has the feeling of a much smaller, close-knit community, thanks to the collection of more than 30 villages that comprise the city. Whether you visit Pawtuxet or East Natick, Apponaug
Arpin International Group promotes Blanchard to general manager, GSA services
April 8, 2022
West Warwick, RI Arpin International Group has promoted Ronnie Blanchard to general manager, GSA services. Formerly GSA supervisor, Blanchard will be responsible for daily operations, account management, overseeing domestic moves, managing
Paolino Properties purchases The Westminster Square Building for $6.55 million; brokered by Sweeney ...
April 8, 2022
Providence, RI Paolino Properties has acquired The Westminster Square Building, historically known as the Howard Building, at 10 Dorrance St. Built in 1957, The Westminster Sq. Building is located at the intersection of Dorrance and Fulton Sts., across from city hall. The closing date
Pawtucket Promotes series to highlight small business community - by mayor Donald Grebien
April 8, 2022
Last month, the city of Pawtucket commerce department, partnering with Bank Newport, held its first event in the Pawtucket Promotes series aimed at promoting Pawtucket’s diverse small business community. This event, Pawtucket Promotes: Women in Business, which highlighted women-owned business in our
Economic Development Commission loans assist East Providence’s growth - by mayor Roberto DaSilva
April 8, 2022
An East Providence-based wine distributor will build a new tasting room with support from the East Providence Economic Development Commission. The Commission recently gave unanimous approval for a $99,000 loan to Enotap, LLC, a wine distributor located in the Phillipsdale Landing Commercial Park in Rumford.
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Feature of the Month: RI Ready is poised to be the Ocean State’s next great success story
April 8, 2022
Providence, RI RI Ready is a $40 million initiative that will bring jobs and revenue to Rhode Island. Using funds overwhelmingly approved by voters in 2021, RI Ready will pave the way for new businesses to grow by creating an inventory of industrial properties ready for development and new companies
Kirton of Lila Delman Compass reps buyer of 585 Wolcott Ave. - $4.35 million
April 8, 2022
Middletown, RI Lila Delman Compass negotiated the sale of 585 Wolcott Ave. for $4.35 million. Lila Delman Compass associate broker Eric Kirton represented the seller while Dina Karousos and Nicole Lucenti of Gustave White Sotheby’s represented the buyer.
Rao of Hogan Assocs. sells 6,500 s/f “Fire Station No. 1” for $3.05 million
April 8, 2022
Newport, RI Hogan Associates sold 25 Mill St., a former firehouse in downtown, which is changing hands for the first time in 30 years. The property sold for $3.05 million. Tom Rao of Hogan Associates represented the buyer, and Michelle Drum & Kate Rooney of Gustave White
Casey of Sweeney Real Estate sells two industrial properties - $1.875 million
April 8, 2022
Smithfield, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers in the sale of 711 Putnam Pike in Smithfield and represented the sellers of 89 & 91 Dunnell Ln. in Pawtucket. The Putnam Pike property, an 83,982 s/f renovated textile mill, sold
Greeley, Alvarado, and Demoulas of Newmark complete $7.1 million sale of 701 George Washington Hwy.,...
April 8, 2022
Lincoln, RI Newmark brokered the $7.1 million sale of 701 George Washington Hwy., a class A medical/office building. Newmark senior managing director Michael Greeley and associates Joseph Alvarado and George Demoulas of the firm’s Boston Capital
IFMA's FMForward 2022 and the 19th Annual Awards of Excellence is now open for registrati...
April 1, 2022
Boston, MA FMForward 2022 and the 19th Annual Awards of Excellence is now open for registration. FMForward is IFMA Boston’s one-day conference which provides members with key strategies, technologies, and best practices to help them navigate the ever-changing FM landscape.
CAI urges suspension of Fannie Mae and Freddie Mac temporary lending guidelines for condominiums and...
April 1, 2022
Fannie Mae and Freddie Mac are known as government-sponsored enterprises (GSE), a quasigovernmental entity established to enhance the flow of credit to specific sectors of the American economy. Created by Congress, these agencies are privately held companies
BOMA Boston Update: Annual Benefit, Springfest and Tech Tour at The Fid at Black Falcon Pier
April 1, 2022
Boston, MA Join BOMA Boston for the Annual Benefit to support our Charitable Partner, Bridge Over Troubled Waters on April 7th at City Winery from 5:30-8:30pm. Enjoy a festive cocktail soiree with delicious hors d’oeuvres and an exciting fundraiser!
Connecticut Green Bank presents awards
April 1, 2022
Hartford, CT In recognition of their contributions to the deployment of clean energy and demonstrated leadership in their industries in 2021, the Connecticut Green Bank has named the honorees of their seventh annual awards.
Energy North Group begins Gold Member sponsorship of Women in Energy
April 1, 2022
Lawrence, MA Energy North Group (ENG) is proud to present its Gold Member sponsorship of the national association of Women in Energy. The association was founded by various reputable and longstanding members of the oil and energy industries.
Urban Land Institute names Silk as vice chair of Boston/N.E. District Council
April 1, 2022
Boston, MA The Boston/New England District Council of the Urban Land Institute (ULI) has appointed Sandi Silk, senior vice president and development partner at Jefferson Apartment Group, as vice chair.