East Greenwich, RI Bank Rhode Island’s (BankRI) Commercial Real Estate division has closed a deal with Touchdown Realty Group, LLC, providing $2.4 million to refinance a 10-unit apartment building located at 319 Main St. The historic property is fully-occupied and underwent a complete
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.
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
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
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
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
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
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
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.
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
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