As was the case at this time last year, East Providence continues to see abundant large and small-scale development and special projects and opportunities. Two of the greatest opportunities came near the end of 2018 and in early 2019 with the offering and sale of the 138-acre
The city council recently gave approval to three development projects that will enhance our efforts to revitalize areas throughout Warwick, support economic development and create jobs.
Pawtucket, RI Michael Alves of KW Elite Commercial Realty has consulted a $1.55 million sale with buyer, Anthony Gemma and seller, Kismet In...
Steven King, PE, is the managing director of the Quonset Development Corp., North Kingstown, R.I.
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Cumberland, RI The Ann Foncellino team of Coldwell Banker commercial division listed and sold a 13,000 s/f building with two floors at 22 Br...
Providence, RI Boston Realty Advisors, an independently owned, full-service real estate advisory and brokerage firm in Massachusetts, ahas o...
Opportunity zones are a new economic development tool designed to stimulate investment in distressed and underutilized areas. Investment in an opportunity zone provides a federal tax incentive for private investors to direct capital gains as equity investments into qualifying projects. Opportunity zones in Rhode Island are designated in 25 census tracts across 15 municipalities. As redevelopment accelerates in these neighborhoods, including Rhode Island Infrastructure Bank’s Commercial Property Assessed Clean Energy (RI C-PACE) financing in the capital stack can unlock additional value for investors, while building greener, more efficient buildings in the state.
Warren, RI CBRE completed the sale of 15 New Industrial Rd. and 373 Market St. 15 New Industrial Rd. sold for $4.375 million to Mussuch...
Providence, RI The Rhode Island Commerce Corp. approved a package of tax incentives for a $55.2 million Aloft branded hotel p...
Woonsocket, RI Cornerstone Realty Capital arranged $2.6 million in financing for an apartment complex, known as Peters River Residences, that includes 36 two-bedroom, one-bathroom apartments spread amongst three buildings.