Rhode Island

Ground breakings bring new housing, entertainment venue and increased public access to waterfront - by Roberto DaSilva

The city of East Providence, together with Churchill & Banks and its subsidiary Noble Development as well as the East Providence Waterfront Commission, broke ground on a new ambitious $120 million waterfront development. The site, known as the former home to Washburn Wire and the Ocean State Steel Co., was a former brownfield site.

Goldman Group closes on historic Woonsocket school building, prepares for development phase

Woonsocket, RI The Goldman Group, closed with the city on 357 Park Place, the city’s former middle and high school building. Vacant since 2010, the building has played a significant role in the city.

Horvath & Tremblay sells 3,000 s/f to Citizens Bank for new branch - $4.8 million

Smithfield, RI Todd Tremblay and Bob Horvath of Horvath & Tremblay have completed the sale of Citizens Bank. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $4.8 million. Citizens Bank is located at 596 Putnam Pike in the village of Greenville.

Arpin Charitable Fund raises $24,236

West Warwick, RI The Arpin Charitable Fund’s Eighth Annual Arpin Strong Golf Tournament/Bob Sullivan and Mark Dearborn Memorial has raised $24,236 for charity.

Simmons and Hecker of Mott & Chace sell 8 Westerly Rd. - $9.95 million

Westerly, RI Mott & Chace Sotheby’s International Realty has sold the Watch Hill home at 8 Westerly Rd. for $9.95 million. Donna Simmons, sales associate of Mott & Chace Sotheby’s International Realty, represented the seller. Bill Hecker, sales associate of Mott & Chace Sotheby’s International Realty, represented the buyer.

Mayer, Rubin, Vieira, Hetherington, Principe, and Pinto join Compass

Providence, RI Six sales associates have joined Compass, one of the largest residential real estate brokerage firms in the United States.* Rebecca Mayer, Rebecca Rubin, Matthew Vieira, and Justin Hetherington, formerly of Residential Properties, along with Stephanie Principe, formerly of Elm Real Estate & Design, and Liz Pinto

Over 70 attend RICABOR’s first annual Rhode Island Commercial Day

Providence, RI Last month the Rhode Island Commercial and Appraisal Board of Realtors (RICABOR) hosted over 70 real estate industry professionals at the Cambridge Innovation Center for their first annual, Rhode Island Commercial Day.

Reflections on an exciting year marked by new opportunities - by Frank Picozzi

In the midst of the holiday season, in between all the shopping, baking, decorating, open houses and office parties, it’s common for many to take a moment or two to reflect on the year that’s rapidly coming to a close. Here in the city of Warwick, 2022 has been marked by a great deal of activity, with new developments, redevelopments,

Casey of Sweeney Real Estate leases 40,000 s/f to Utility Supply & Construction Company in West Davisville Commons

North Kingstown, RI Utility Supply & Construction Company of Reed City, MI leased 40,000 s/f at 338 Compass Circle. Utility Supply & Construction joins the West Davisville Commons (WDC) section of Quonset Point Commerce Park.

Alves, Lowe, and Fox of Elite Commercial sell 2.98-acre Woonsocket development site for $1 million

Woonsocket, RI Elite Commercial Realty sold the 2.98-acre former Woonsocket Middle School at 357 Park Place for $1 million. 357 Park Place LLC, an affiliate of the Goldman Group LLC, a Boston-based real estate investment, development, and management company is the buyer.