Rhode Island

Marcus & Millichap arranges sale of 36-unit Peters River Residences; sold for $4.875 million

Woonsocket, RI Marcus & Millichap arranged the sale of Peters River Residences, a 36-unit apartment property according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $4.875 million.

Atlantic Capital Partners sells North Providence Marketplace; 112,497 s/f sold by Edens to Greenberg Gibbons

North Providence, RI Atlantic Capital Partners has sold North Providence Marketplace, a 112,497 s/f grocery-anchored retail shopping center located at 41 Smithfield Rd. This 82% leased center is anchored by Shaw’s Supermarket, the region’s dominant grocer

Investing federal stimulus funds to keep RI at the forefront of America’s offshore wind industry - by Steven King

With over $1 billion in federal American Rescue Plan Act money still to be invested, Rhode Island has a unique opportunity to live up to our nickname of the “Ocean State”. At Quonset, we have a detailed plan to invest a portion of these funds in a way that

Warwick to release RFPs for closed school-related facilities - by Frank Picozzi

Since taking office in January, I’ve been working diligently to address some of the issues related to a handful of municipal buildings, some of which have lain fallow over the past several years after their closure as school-related facilities.

Pereira of June Realty re-elected as president of Greater Providence Board of Realtors

Providence, RI Mike Pereira of June Realty was re-elected as president of the Greater Providence Board of Realtors for 2022. He previously served as the  board’s 2021 president, 2020 president-elect, treasurer and corporate secretary. He is a member of its executive, finance and nominating committees. Pereira is also

Pawtucket’s commerce director Boyle to retire - by Donald Grebien

After a nearly 40-year career as a planning and economic development professional that included over four years serving as the city of Pawtucket’s commerce director, Jeanne Boyle is retiring. She will serve as commerce director until mid-November.

Progress requires steadfast dedication and prudent actions - by William Fazioli

Change may be inevitable, but growth is certainly optional. As we continue to face ever changing challenges, communities must earnestly commit to carving a path that will lead to improved conditions for its residents. Progress is not automatic. Instead, it happens because

HREC Investment Advisors arranges $6.15 million sale
of 88-room Comfort Suites West Warwick to Naranda Hospitality

West Warwick, RI HREC Investment Advisors has arranged the $6.15 million sale of the 88-room Comfort Suites West Warwick Providence, 10 Keyes Way. Naranda Hospitality has acquired the property and will also manage it.

Colbea Enterprises opens two new Seasons Corner Market locations

Scituate, RI Building on its past success, Colbea Enterprises, LLC has opened two more Seasons Corner Markets. One is at 34 Hartford Avenue (Rte. 6) in Scituate, and the second at 947 Douglas Pike (Rte. 7) in Smithfield. Both of these stores are open

Hogan Assocs. and Lila Delman Compass sell 591 Indian Ave. for $2.934 million

Middletown, RI Hogan Associates sold 591 Indian Ave. for $2,934,500. Leslie Hogan of Hogan Associates represented the buyers, and Eric Kirton of Lila Delman Compass represented the sellers.