Rhode Island

Over 70 attend RICABOR’s first annual Rhode Island Commercial Day

Providence, RI Last month the Rhode Island Commercial and Appraisal Board of Realtors (RICABOR) hosted over 70 real estate industry professionals at the Cambridge Innovation Center for their first annual, Rhode Island Commercial Day.

Reflections on an exciting year marked by new opportunities - by Frank Picozzi

In the midst of the holiday season, in between all the shopping, baking, decorating, open houses and office parties, it’s common for many to take a moment or two to reflect on the year that’s rapidly coming to a close. Here in the city of Warwick, 2022 has been marked by a great deal of activity, with new developments, redevelopments,

Casey of Sweeney Real Estate leases 40,000 s/f to Utility Supply & Construction Company in West Davisville Commons

North Kingstown, RI Utility Supply & Construction Company of Reed City, MI leased 40,000 s/f at 338 Compass Circle. Utility Supply & Construction joins the West Davisville Commons (WDC) section of Quonset Point Commerce Park.

Alves, Lowe, and Fox of Elite Commercial sell 2.98-acre Woonsocket development site for $1 million

Woonsocket, RI Elite Commercial Realty sold the 2.98-acre former Woonsocket Middle School at 357 Park Place for $1 million. 357 Park Place LLC, an affiliate of the Goldman Group LLC, a Boston-based real estate investment, development, and management company is the buyer.

Freshman of MG Commercial brokers 33,000 s/f warehouse lease to Homans Associates

Warwick, RI Julie Freshman of MG Commercial Real Estate has brokered a long-term lease of 33,000 s/f of warehouse space at 275 West Natick Rd. to Homans Associates for the landlord, 275 West Natick Road, LLC. Freshman represented the tenant and worked directly with the landlord.

Sweeney R.E. sells four building portfolio for $1.25 million

Providence, RI Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented BMJ Properties LLC in a portfolio sale of four buildings at 393-405 Harris Ave. in the Valley section of the city.

Churchill & Banks breaks ground on $120 million East Point waterfront community permitted for 392 residential units

East Providence, RI East Point is the latest waterfront residential community to be built by Churchill & Banks, permitted for 392 residential units, many of which will have direct waterfront access and unobstructed views of the Seekonk River and Blackstone State Park across the Seekonk River.

Drinkwater and Richard of Marcus & Millichap sell 20,560 s/f office property located at 1543 Atwood Ave. for $10.25 million

Johnston, RI Marcus & Millichap negotiated the sale of U.S. Citizenship & Immigration Services, a 20,560 s/f office property located at 1543 Atwood Ave., according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $10.25 million.

City, EP Waterfront and Churchill & Banks break ground on East Point

East Providence, RI The City of East Providence, together with Churchill & Banks and its subsidiary Noble Development as well as the East Providence Waterfront Commission, broke ground on a new ambitious $120 million waterfront development.

Tidewater Landing & commuter rail station projects moving forward in Pawtucket - by Donald Grebien

Two of the biggest economic development projects in Pawtucket are moving forward and are poised to supercharge commercial development in our city. Phase I of Tidewater Landing, the largest economic development project in our city’s history, broke ground on August 12th.