Rhode Island

Foncellino Team of Coldwell Banker Commercial leases 3,200 s/f

Cumberland, RI The Foncellino Team of Coldwell Banker Commercial listed and leased two warehouse units totalling 3,200 s/f at 45 Industrial Rd. The tenant was represented by Jim Conway of Conway Commercial.

Arnold of Mott & Chace sells 696K West Main Rd. for $4.1 million

Little Compton, RI  Mott & Chace Sotheby’s International Realty brokered the sale of the waterfront estate at 696K West Main Rd. for $4.1 million. Located on nearly three acres on Briggs Marsh, the property offers 180-degree views over the marsh, conserved farmland,

NAI Glickman Kovago & Jacobs facilitates $6.3 million sale

Woonsocket, RI The 50,641 s/f manufacturing building at 1275 Park East Dr. was purchased by Lundgren Equity Partners for $6.3 million.

Mott & Chace Sotheby’s International Realty handles the sale of “The Conjuring” house for $1.525 million

Burrillville, RI Mott & Chace Sotheby’s International Realty negotiated the sale of 1677 Round Top Rd. for $1.525 million. The c.1826 home that inspired the horror franchise “The Conjuring” is one of the most well-known haunted houses in the U.S. The seller was represented by The Blackstone Team of Mott

Alves of Elite Commercial Realty sells 8,000 s/f mixed-use for $1.1 million

Johnston, RI Mike Alves of Elite Commercial Realty represented the landlord 190 Putnam LLC in the $1.1 million sale of an 8,000 s/f mixed-use building at 190 Putnam Pike. Robert Fox represented the buyers

Sweeney Real Estate & Appraisal sells two multi-tenanted industrial mills for $6.25 million

Pawtucket, RI Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented the sellers in the sale of 250 Esten Ave. and 541 Pawtucket Ave. The two properties had a combined square footage of 239,200 s/f. The two renovated industrial mills

McKee administration and RIHousing support creation of 431 homes in East Greenwich, Lincoln, Middletown, and Providence

Providence, RI RIHousing’s board of commissioners approved investments at its April board meeting that will create 431 homes, improving the neighborhoods where they are located, and support over

Omni Development, Wingate Cos., and RIHousing break ground on 79-units at Joseph Caffey Apartments and Jordan Caffey Townhomes

Providence, RI U.S. senator Jack Reed, governor Dan McKee, lieutenant governor Sabina Matos and mayor Jorge Elorza joined Omni Development Corp., Wingate Companies, RIHousing, funding and community partners

Cummings Foundation pledges $20 million to Roger Williams University

Bristol, RI Roger Williams University (RWU) publicizes its $20 million partnership with Cummings Foundation. In recognition of this philanthropic partnership between RWU and Cummings Foundation – the largest  in Roger Williams’ history

Rhode Island Ready program is off to a strong start - by Chelsea Siefert

The Rhode Island Ready (RI Ready) program is off to a strong start, which is good news for the state’s economy.  The first four Rhode Island industrial sites were approved for enrollment in the program by the Quonset Development Corp.’s (QDC) board of directors