Rhode Island

LAN-TEL Communications opens Providence location - Burke named general manager

Providence, RI LAN-TEL Communications, Inc., headquartered in Norwood, Mass. has opened a new location at 225 Dyer St. This location will serve as the anchor office for LAN-TEL’s Rhode Island/Southeastern Massachusetts operations.

New England Institute of Technology (NEIT) opens at 2 Bayley Street in Pawtucket - by Donald Grebien

This month, New England Institute of Technology (NEIT) along with in the City of Pawtucket, Boys & Girls Club of Pawtucket (BGCP) and Pawtucket Central Falls Development (PCFD) held the grand opening and ribbon cutting ceremony of the all-new University Resource Center in

East Providence embraces residential development - by William Fazioli

With growing news of a soft housing market and ensuing economic slowdown, efforts to continue with residential developments are now more critical than ever. Several recent studies have indicated that the U.S. is facing a chronic lack of housing production. The rental vacancy rate dipped

Residential Properties Ltd. sells 9 Montgomery St.

Pawtucket, RI Residential Properties Ltd. negotiated the sale of 9 Montgomery St. for $890,000. RPL sales associate Paula Morrison represented the buyer as the selling agent.

Foncellino Team of Coldwell Banker Commercial leases 1,500 s/f

Smithfield, RI The Foncellino Team of Coldwell Banker Commercial Division listed and leased 1,500 s/f of retail space at 466 Putnam Pike. The retail space is located in a strip mall on Rte. 44 with Stop & Shop, Jersey Mike’s Subs, and Panera Bread Co. are located nearby.

Scaralia of Albert Realtors and Swanson of C21 Luxe broker 3,946 s/f sale to Diamond Investment Group

Cranston, RI Albert Scaralia of Albert Realtors, Inc. sold 10 Budlong Rd. to for $530,000.Taylor Swanson of Century 21 Luxe was the selling agent and Albert was the listing agent. The seller was Jean Markarian and the buyer was Diamond

Grolley of Coastal M&A sells B&M Catering Co. and 560/588 York Ave.

Pawtucket, RI Coastal M&A negotiated the sale of B&M Catering Co. and the real estate located at 560/588 York Ave. Justin Grolley, MBA, CBI, CMEA of Coastal M&A was the Consultant assisting the sellers, Brian and Mickey Doherty.

Pier 2 upgrade positions Quonset, Ocean State to be wind energy hub - by Steven King

The future for wind energy in Rhode Island is bright. Recently, the Quonset Development Corp. (QDC) — joined by governor Dan McKee, lieutenant governor Sabina Matos and state and local officials — helped secure that future when they cut the ribbon on the modernized Pier 2 at the Port

Sweeney Real Estate & Appraisal sells 20,000 s/f for $1.65 million and leases 2,820 s/f retail

Lincoln, RI Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented the sellers of 320 Eddie Dowling Hwy. The location was previously the home to Cox Communications. Delcar Enterprises LLC purchased the property in 2014 and recently sold the site

Redevelopment of Arctic Mill property to add housing options
- project being rehabilitated by Knight Street Capital

West Warwick, RI Governor Dan McKee, U.S. senator Jack Reed, congressman Jim Langevin, RIHousing and state and local leaders celebrated the beginning of the redevelopment and adaptive reuse of the historic Arctic Mill into rental housing and commercial space. The Arctic Mill development