Rhode Island Infrastructure Bank’s C-PACE program empowers Rhode Island businesses - by Jeffrey Diehl
Rhode Island Infrastructure Bank’s Commercial Property Assessed Clean Energy (C-PACE) program empowers Rhode Island businesses with the tools necessary to make investments in renewable energy and energy efficiency. These upgrades reduce energy costs, in turn, affording commercial property owners the financial flexibility to build capital reserves or re-invest in their business. Furthermore, the off-balance sheet nature of C-PACE transactions allows building owners to maintain existing debt covenants while retaining future financial flexibility.
Pawtucket, RI Kathleen Bartels, AIA, principal and co-owner of LLB Architects, was recognized by Providence Business News (PBN) with an Achievement Honoree Award at its 2019 Business Women Awards. PBN honors the success of high-achieving women in a variety of industries with these annual awards.
Pawtucket’s four opportunity zones are strategically located in areas of the city where increased investment would have the maximum impact and reinforce existing local and state incentives.
Paskalis and Freshman of MG Commercial Real Estate broker $1.2 million sale at 30 Industrial Rd. - a 29,873 s/f manufacturing/warehouse building
Cumberland, RI George Paskalis, SIOR and Julie Freshman of MG Commercial Real Estate completed the sale of a 29,873 s/f fully-leased, multi-tenant manufacturing/warehouse building located at 30 Industrial Rd.
Cranston, RI DiPrete Engineering has welcomed its newest team member, Sam Rivera. Rivera is working with Eric Prive, senior project manager, serving as his supervisor.
Newport, RI The historic John Stacy House c.1845, located at 7 Bowery St., has sold for $1.525 million. This is the highest multifamily transaction in the state so far this year and the third highest multifamily transaction in the last twelve months.
Making improvements to popular recreational facilities and cultural and historical resources - by Joseph Solomon
As the summer approaches, we’re making a number of improvements to some of our most popular recreational facilities and cultural and historical resources.
Providence, RI According to Gilbane Development Company(GDCo), the real estate development, financing, and ownership arm of Gilbane, Inc., Karissa Schminky has been appointed as portfolio marketing manager.