Rhode Island

Kirton of Lila Delman Compass reps buyer of 585 Wolcott Ave. - $4.35 million

Middletown, RI Lila Delman Compass negotiated the sale of 585 Wolcott Ave. for $4.35 million.  Lila Delman Compass associate broker Eric Kirton represented the seller while Dina Karousos and Nicole Lucenti of Gustave White Sotheby’s represented the buyer.

Quonset investment will make Rhode Island a renewable leader - by senator Alana DiMario and representative Julie Casimiro

Representing the people of North Kingstown in the R.I. General Assembly is a great honor. It also gives us a chance to work with the team at the Quonset Business Park, a key statewide economic asset that is in our districts. Spread across 3,200 acres on two former Navy bases, Quonset is a real R.I. success story. Home to over 200 companies

Rao of Hogan Assocs. sells 6,500 s/f “Fire Station No. 1” for $3.05 million

Newport, RI Hogan Associates sold 25 Mill St., a former firehouse in downtown, which is changing hands for the first time in 30 years. The property sold for $3.05 million. Tom Rao of Hogan Associates represented the buyer, and Michelle Drum & Kate Rooney of Gustave White

Casey of Sweeney Real Estate sells two industrial properties - $1.875 million

Smithfield, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers in the sale of 711 Putnam Pike in Smithfield and represented the sellers of 89 & 91 Dunnell Ln. in Pawtucket. The Putnam Pike property, an 83,982 s/f renovated textile mill, sold

City of Warwick stitched together by 30 villages giving neighborhood feel - by mayor Frank Picozzi

With a population of over 82,000, the city of Warwick is one of Rhode Island’s largest municipalities, but has the feeling of a much smaller, close-knit community, thanks to the collection of more than 30 villages that comprise the city. Whether you visit Pawtuxet or East Natick, Apponaug

Greeley, Alvarado, and Demoulas of Newmark complete $7.1 million sale of 701 George Washington Hwy., a class A medical/office building

Lincoln, RI Newmark brokered the $7.1 million sale of 701 George Washington Hwy., a class A medical/office building. Newmark senior managing director Michael Greeley and associates Joseph Alvarado and George Demoulas of the firm’s Boston Capital

Feature of the Month: RI Ready is poised to be the Ocean State’s next great success story

Providence, RI RI Ready is a $40 million initiative that will bring jobs and revenue to Rhode Island. Using funds overwhelmingly approved by voters in 2021, RI Ready will pave the way for new businesses to grow by creating an inventory of industrial properties ready for development and new companies

True Storage opens 60,000 s/f self-storage facility in Warwick

Warwick, RI True Storage opened its seventh class A self-storage facility in early February. Located at 1280 Jefferson Blvd., this will be the fourth facility in the True Storage portfolio managed by CubeSmart.

BankRI provides $3.2 million financing for JIC Properties: 226-230 Dean Street and 75 Governor Street in Providence

Providence, RI The commercial real estate division of Bank Rhode Island (BankRI) has provided $3.2 million in financing to JIC Properties, LLC to refinance and reinvest in two residential properties; 226-230 Dean St., and 75 Governor St. JIC is a Rhode Island-based real estate investment company

Apartments at Park Row West now leasing

Providence, RI Park Row West is the city’s newest apartment community. Located downtown, Park Row West offers loft apartments. With one-, two- and three-bedroom homes available, the apartments have city views of the Capital, East Side, and the Providence River. Park Row West is located near