Rhode Island

Public art helping spur economic growth in East Providence's Watchemoket Square - by Johanna Walczak

Investment in public art is an investment in the future growth and vitality of a city. There is broad consensus within urban planning and design that public art adds significant economic, cultural, and community value to a place. Murals, sculptures,

Del Borgo of Places and Spaces Realty installed as Rhode Island Association of Realtors' 2022 president

Warwick, RI According to The Rhode Island Association of Realtors (RIAR), Agueda Del Borgo, broker and principal of Places and Spaces Realty in Providence, was installed as the 2022 president of the RIAR.

Doorley-Lucas of Mott & Chace sells 4 Mellissa Circle for $1.15 million

Smithfield, RI Mott & Chace Sotheby’s International Realty sold 4 Mellissa Circle for $1.15 million. The modern colonial was built by Frank Simonelli Homes. The seller was represented by Amy Doorley-Lucas,

Richards of Hogan Assocs. sells 104 Old Beach Rd. for $4.75 million

Newport, RI Hogan Associates sold 104 Old Beach Rd., a mansion in the Kay/Catherine neighborhood. The home sold for $4.75 million. Caroline Richards of Hogan Associates represented the buyer, and Kylie McCollough

Washington Trust provides financing to Equity Industrial Partners for acquisition of 125,000 s/f in Quonset Business Park

North Kingstown, RI Washington Trust’s commercial real estate group financed Equity Industrial Partners’ acquisition of a 125,000 s/f industrial property located at 600 Callahan Rd. in Quonset

PACE Loan Group provides $246,000 through RI Infrastructure Bank

Pawtucket, RI Rhode Island Infrastructure Bank (Infrastructure Bank) provided $246,000 in Commercial Property Assessed Clean Energy (C-PACE) program financing for energy efficiency upgrades to the Beswick Building located at 3 Exchange

Legacy Real Estate Ventures purchases 33 Broadcommon Rd. for $5.9 million - debt was provided by Protective Life, through Northmarq Capital

Bristol, RI Legacy Real Estate Ventures, LLC (Legacy) has acquired 33 Broadcommon Rd.  for $5.9 million. This 100% occupied multi-tenant industrial property totals 80,000 s/f and is occupied by brand-names in the boating industry,

Sweeney Real Estate represents buyer of 71,130 s/f office building for $4.8 million - for 695 George Washington Highway, Lincoln, RI

Lincoln, RI Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented the buyers of 695 George Washington Hwy. The 71,130 s/f office building is on 9.97 acres and was purchased for $4,.8 million.

Leonard of Lila Delman Compass sells two Bellevue-area properties; 529 Bellevue Ave. for $6.6 million and 31 Bowery St. for $5.2 million

Newport, RI Kate Leonard, Lila Delman Compass sales associate,  represented the seller of two properties in the city’s Bellevue Ave. neighborhood. 529 Bellevue Ave. sold for $6.6 million and ‘Clover Patch’, 31 Bowery St., sold for

Amper of Capstone Properties brokers Dryvit lease renewal and expansion with Delguyd of Hanna Commercial Real Estate

North Kingstown, RI Anthony Delguyd of Hanna Commercial Real Estate in Cleveland, Ohio and Neil Amper, SIOR of Capstone Properties represented Dryvit Inc. in renewing it’s original 121,445 s/f lease and its expansion into an additional 42,290 s/f