Rhode Island

Marcus & Millichap facilitates $8.9 million sale of 64,928 s/f industrial warehouse

Pawtucket, RI Marcus & Millichap  negotiated the sale of industrial warehouses for $8.95 million. These industrial warehouses spanning 64,928 s/f are located at 670-710 Narragansett Park Dr., situated in Narragansett Business Park

Arzoomanian named director of public property for Providence

Providence, RI Mayor Brett Smiley named John Arzoomanian as director of public property, who will oversee the facility operations of all city buildings and direct the city’s property management teams.

New developments to revitalize traditional Main Street areas - by Roberto DaSilva

The city of East Providence is celebrating the construction of two new developments which will help revitalize its traditional “Main Street” areas. These developments in the Central City and Riverside areas of the city will

CDM’s Planet Fitness acquires two Maxx Fitness Clubzz

Warren, RI Planet Fitness franchise group CDM Fitness Holdings (CDM), an SBJ Capital (SBJ) portfolio company, acquired two fitness center locations from Maxx Fitness Clubzz. The Planet Fitness location in Warren is 20,000 s/f and is located at 601 Metacom Ave.

City of Pawtucket’s year in review - by Donald Grebien

2023 was a year filled with pride and excitement for the city of Pawtucket. Several of our key education, economic development, and quality of life initiatives came to fruition, making our city a better place to live, work, and play.

Seaview, The “Can Do” Railroad, breaks annual record for rail car volume at Quonset - by Steven King

Quonset’s world-class transportation is a key element of our continued success. When it comes to hauling freight, Seaview Railroad provides a crucial service to companies in the Business Park by transporting cars, lumber, plastics and pellets and much more.

Restaurant scene is vital to small business community and tourism - by Frank Picozzi

With more than 170 eateries to choose from – traditional fare, Italian, Mexican, seafood, pizza, bakeries, mom-and-pop-style diners, pubs, places for delicious desserts, and more

Kern, Schultheis and Rouse of Sweeney Real Estate & Appraisal negotiate five lease trans. totaling 10,761 s/f

East Providence, RI Sweeney Real Estate & Appraisal negotiated five leases totaling 10,761 s/f. Jay Kern of Sweeney represented the landlords of 2823 Pawtucket Ave. in the lease to Miedu Group Inc. The lessee has plans to transform the 3,073 s/f former bank branch into a Montessori school.

Amper of Capstone Properties sells 25,352 s/f industrial building for $2.15 million

Warwick, RI Neil Amper, SIOR, vice president of Capstone Properties has sold a 25,352 s/f industrial building located at 111 Plan Way. The facility is the former location of R.I. Rental, which Amper sold to them in 2001. The buyer was  Nexgen Mechanical which is an HVAC contractor

The Local Group of Lila Delman Compass sells 30,000 s/f Rose Furniture Company building

East Providence, RI Lila Delman Compass negotiated the $600,000 sale of 245 Warren Ave. The Local Group of Lila Delman Compass, represented the seller and facilitated for the buyer in this transaction. The building was known as “Rose Furniture Company” for over eight decades.