Rhode Island

Elite Group of KW Commercial sells 8,000 s/f restaurant

Warren, RI Michael Alves and Robert Fox of the Elite Group at KW Commercial sold 632 Metacom Ave. on behalf of the sellers, Oganes and Hnazant Tagessian. Elite Group also represented the buyer John Cardosi Jr.

Joyal of Lila Delman Compass sets state record for individual sales volume - over $121 million

Watch Hill, RI Lori Joyal, broker associate and sales manager of Lila Delman Compass’ local office, set statewide records in 2021, having individually closed $121,163,111 in sales volume and ranking as the top individual agent in the state for the third year in a row.

Cushman & Wakefield arranges $26.9 million sale of 135-unit Rising Sun Mills - a 135-unit multifamily community

Providence, RI Cushman & Wakefield has arranged the sale of Rising Sun Mills, a 135-unit multifamily community at 166 Valley St.  The final sale price was $26.9 million. Cushman & Wakefield’s Chris Sower, Bruce Lusa, Jonathan Bryant, John Flaherty, Kevin Jones,

Fischman of Greystone secures $14.9 million refinancing for Merchants Village Apartments in Westerly

Westerly, RI Greystone has provided a $14.9 million, HUD-insured loan to refinance a 116-unit affordable housing property. The transaction was originated by managing director Lisa Fischman, with Greystone’s New York office.

Klein, Drinkwater, and Richard of Marcus & Millichap sell 479,000 s/f

Cumberland, RI Marcus & Millichap negotiated the sale of 1 Ann and Hope Way, a 479,000 s/f industrial property, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $3.5 million.

Freshman and Giuttari of MG Commercial lease 12,634 s/f industrial to Bento Sushi

Lincoln, RI Julie Freshman and Mike Giuttari, SIOR of MG Commercial have leased a 12,634 s/f, modern industrial building at 263 Jenckes Hill Rd. for Jenckes Hill Development, LLC to Bento Nouveau, Inc. based in Toronto, CN and London, UK. Bento Sushi was looking to

Residential Properties Ltd. sets statewide MLS record with $1.3 billion in sales in 2021

Providence, RI Celebrating its 40th anniversary this past November, Rhode Island’s largest independent brokerage, Residential Properties Ltd., completed a record-setting year in 2021 by posting a new all-time mark with over

Mott & Chace Sotheby's International sells 90 units in 2021 at The 903 Residences at Providence Place

Providence, RI According to Mott & Chace Sotheby’s International Realty, The 903 Residences at Providence Place is nearing full owner occupancy. With 25 units remaining, the condominium association is estimated to be completely owner occupied by the

Schultheis of Sweeney Real Estate & Appraisal leases 3,987 s/f medical office space

Cumberland, RI Northern Rhode Island Pediatrics leased  3,987 s/f on the first floor of 175 Nate Whipple Hwy. Northern  Rhode Island Pediatrics relocated to 175 Nate Whipple Hwy. from their Mendon Rd. location.

Nery of Coastal Commercial Real Estate sells 3,000 s/f industrial at 60 Magnolia St.

Bristol, RI Coastal Commercial Real Estate negotiated the sale of 60 Magnolia St. The 3,000 s/f free-standing steel building was a longtime machine shop, MGB, Inc. All equipment, fixtures, materials, and