Rhode Island

Kirton of Lila Delman Real Estate sells 444 Purgatory Lane property for $3.6 million

Middletown, RI Lila Delman Real Estate sold 444 Purgatory Lane for $3.6 million. After multiple offers, the property sold for $205,000 above asking price. Eric Kirton,

Removing red tape to spur economic development - by Elizabeth Tanner

Red tape. Bureaucracy. Regulations. All words that undoubtedly give any commercial real estate leader pause. And that pause isn’t unwarranted.

Amper of Capstone Properties represents Freedom Bank in sale of 8,875 s/f property to Paciorek

Pawtucket, RI Neil Amper, SIOR, vice president of Capstone Properties represented Freedom Bank in the sale of a 8,875 s/f historical Victorian house located

Paskalis and Freshman of MG Commercial sell 30,524 s/f manufacturing/warehouse building

East Providence, RI George Paskalis, SIOR and Julie Freshman of MG Commercial Real Estate completed the sale of a 30,524 s/f fully-leased, single-tenant manufacturing

Providence announces additional resources for small businesses impacted by COVID-19

Providence, RI Mayor Jorge Elorza said a series of resources to help local businesses navigate the economic impacts of COVID-19. The announcement included temporary modifications to the Providence Business

City of East Providence launches COVID-19 no payment, no interest loan programs

East Providence, RI The city has rolled out new emergency loan fund programs for small businesses. In response to the impact on small businesses, mayor DaSilva, together with Planning & Economic Development director William Fazioli, chief planner Jim Moran and Community Development director Dave Bachrach, designed two loan programs.

DiPrete Engineering provides services for 1,100 s/f BankNewport

Johnston, RI BankNewport has opened its newest location at 1423 Hartford Ave. The bank teamed up with Paramount Partners, DiPrete Engineering, Brown Lindquist Fenuccio Raber Architects, and Cape Architects to convert a formerly vacant site into its new 1,100 s/f bank.

Foncellino Team of Coldwell Banker Commercial sells 6 units for $450,000

West Warwick, RI Foncellino Team of Coldwell Banker Commercial sold two multi family buildings of 3,000 s/f each, with three units per building on a 25,000 s/f lot at 1 Ferreira Court for $450,000. The seller was 1 Ferreira Court LLC and the buyer was Steve Lawton

Albert Realtors sells 13,472 s/f vacant land

Cranston, RI Albert Scaralia of Albert Realtors commercial division sold a 13,472 s/f vacant land site at 175 Atwood Ave. for $523,000 on behalf of Mario Coletta Irrevocable Trust.

Morrison joins Berkshire Hathaway HomeServices Commonwealth Real Estate as sales associates

East Greenwich, RI Berkshire Hathaway HomeServices (BHHS) Commonwealth Real Estate appointed Courtney Morrison to the position of sales associate.