Washington Trust Co. selected to Forbes list of Best-In-State Banks

Westerly, RI The Washington Trust Co. has been selected to the Forbes list of Best-In-State Banks 2023. This award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. Washington Trust

Amper of Capstone Properties leases 28,727 s/f warehouse to Fisher Auto Parts

Johnston, RI Neil Amper of Capstone Properties has leased a 28,727 s/f warehouse located at 1 Carding Ln. to Fisher Auto Parts of Virginia. Fisher has 360 retail locations and has expanded into New England.

Dakota Partners receives funding
from RIHousing for Southpoint Commons

Westerly, RI Dakota Partners’ community, Southpoint Commons, has been awarded funding by RIHousing, as part of $101 million in capital from various federal and state resources to support affordable housing throughout the state. This is Dakota’s fourth

Giuttari and Mitchell of MG Commercial sell 22,500 s/f office for $3.15 million

Cranston, RI Mike Giuttari, SIOR and Leeds Mitchell, SIOR of MG Commercial have sold a 22,500 s/f office building located at 1 Capital Way for WJS LLC of Providence, to Comprehensive Community Action, Inc. of Cranston for $3.15 million.

Greene of Compass sells 4,000 s/f Queen Anne Victorian for $1.605 million

Providence, RI According to Compass, the brokerage firm has sold 34 Irving Ave., a Queen Anne Victorian home in Wayland Sq. The property, represented by Compass agent Kira Greene, closed for $1.605 million, exceeding the asking price by more than 12%.

Carstensen of Mott & Chace Sotheby’s sells 4 Chartier Circle in Newport, RI for $5.5 million

Newport, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 4 Chartier Circle for $5.5 million. The buyers were represented by Nicole Carstensen of Mott & Chace Sotheby’s. Justin Mandese of Real Broker, LLC represented the seller.

Newsweek selects Washington Trust as “America’s Best Small Banks 2023” in R.I. for second straight year

Westerly, RI The Washington Trust Company (Washington Trust) said that the bank was once again selected by Newsweek to the annual list of “America’s Best Small Banks 2023” for the State of Rhode Island.  This is the second straight year Washington Trust has received recognition

Winoker of Belvoir celebrates 70th reunion at Brown University

Providence, RI James Winoker, CEO of Belvoir Properties was honored at his 70^th Brown University reunion where he was given the opportunity to present the diploma to his graduating grandson.

Mott & Chace sells 56 Elm St. land for $1.365 million

Barrington, RI Mott & Chace Sotheby’s International Realty brokered the sale of the vacant land at 56 Elm St. for $1.365 million. The buyers were represented by Midge Berkery of Mott & Chace Sotheby’s, and the sellers were represented by Emilio DiSpirito of Engel & Volkers.

East Providence links environmental and economic success - by Keith Brynes

Over the past few years, the city of East Providence has stood out as one of New England’s economic success stories. The city has seen investment including relocations and expansions of international manufacturing firms and an unprecedented amount of housing development. While this economic progress has been significant, it has not come at the expense of the city’s environmental resources.