Rhode Island

Greeley, Alvarado, and Demoulas of Newmark complete $7.1 million sale of 701 George Washington Hwy., a class A medical/office building

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

Feature of the Month: RI Ready is poised to be the Ocean State’s next great success story

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

True Storage opens 60,000 s/f self-storage facility in Warwick

Warwick, RI True Storage opened its seventh class A self-storage facility in early February. Located at 1280 Jefferson Blvd., this will be the fourth facility in the True Storage portfolio managed by CubeSmart.

BankRI provides $3.2 million financing for JIC Properties: 226-230 Dean Street and 75 Governor Street in Providence

Providence, RI The commercial real estate division of Bank Rhode Island (BankRI) has provided $3.2 million in financing to JIC Properties, LLC to refinance and reinvest in two residential properties; 226-230 Dean St., and 75 Governor St. JIC is a Rhode Island-based real estate investment company

Apartments at Park Row West now leasing

Providence, RI Park Row West is the city’s newest apartment community. Located downtown, Park Row West offers loft apartments. With one-, two- and three-bedroom homes available, the apartments have city views of the Capital, East Side, and the Providence River. Park Row West is located near

Oster Dessel of Mott & Chace sells 55 Adams Point Rd. for $2.1 million

Barrington, RI Mott & Chace Sotheby’s International Realty has sold  the home at 55 Adams Point Rd. for $2.1 million. Allison Oster Dessel, sales associate of Mott & Chace Sotheby’s International Realty, represented the

Little School building at Lincoln School awarded LEED Gold certification

Providence, RI Lincoln School’s newest Little School building was awarded LEED (Leadership in Energy and Environmental Design) Gold certification by the U.S. Green Building Council (USGBC).

Foncellino Team of Coldwell Banker Commercial leases 4,500 s/f

West Warwick, RI The Foncellino Team of Coldwell Banker Commercial Brokerage listed and leased 4,500 s/f at 245 Quaker Ln., which includes office/warehouse space, two-overhead doors, and a fenced lot.

RI Ready - Preparing sites for new jobs all over Rhode Island - by governor Dan McKee

As Rhode Island’s economy continues to rebound and grow, we need to do everything we can to keep that momentum going.  To help achieve that, I cut the ribbon in January on Rhode Island Ready, a new $40 million initiative to create jobs by generating an inventory of pre-permitted, pre-engineered

Warwick’s infrastructure is key to growth, safety, and business vitality - by Frank Picozzi

As we know, good infrastructure is key not only to the public’s health and safety, but to ensure the continued growth and vitality of a community’s business development and economy. To this end, efforts at the local and state levels are helping to ensure that Warwick’s roads, bridges