Rhode Island

New Year will continue with economic development projects - by Donald Grebien

After a 2020 that no one could anticipate, we look forward to beginning a new year and are excited about Pawtucket’s future. New and exciting things are coming to Pawtucket in 2021, including the continuation of Tidewater Landing.

Current drought highlights smart water mgmt. in buildings - by Jeffrey Diehl

Rhode Island is currently experiencing its worst drought in twenty years. Governor Gina M. Raimondo issued a statewide drought advisory in early September and reminded “Rhode Islanders to be considerate of their water usage, because we all play a role in our state’s water conservation efforts.

Scaralia of Albert Realtors brokers $650,000 sale

Johnston, RI Janet Scaralia of Albert Realtors Commercial Division brokered the $650,000 sale of 1707 Plainfield Pike. The commercial/industrial site was sold by Dibiasio to Curreiri. 

Edesia celebrates 10 years of feeding children around the world - by Steven King

The goal of the Quonset Development Corp. (QDC) is to provide each of our over 200 companies with a platform where they can achieve their business goals. Success looks different for each company but fostering their growth has made Quonset Business Park (QBP) the leading engine of economic development and job growth in Rhode Island.

Leonard of Lila Delman Real Estate brokers $6.56 million sale

Newport, RI Lila Delman Real Estate leads the town’s luxury market with the sale of Grey Walls, 86 Beacon Hill Rd., for $6.56 million. Kate Leonard, Lila Delman sales associate, represented the buyer. Located on 4.27 acres on Beacon Hill, Aquidneck Island’s highest point, “Grey Walls” is a shingle-style contemporary

Churchill and Banks teams up with ZDS Architecture, DiPrete Engineering, and The Torrey Company

Providence, RI Churchill and Banks teamed up with ZDS Architecture, DiPrete Engineering, and The Torrey Company to design and build a 60,000 s/f, five-story multifamily building at 580 South Water St. The building will include 69 residential units, 69 parking spaces, and luxury living conditions.

Schultheis, Sweeney and Casey of Sweeney Real Estate brokers four sales totaling $3.02 million

Cranston RI Eric Schultheis of Sweeney Real Estate & Appraisal was involved in three transactions that totaled $1.37 million. Schultheis represented the property at 757 Park Ave. for receiver James Atchison of Darrow Everett LLP. The property was purchased by Marie Properties LLC who was represented by Michael Saccoccio of Coldwell Banker Commercial, for $205,000.

Shawmut Design and Construction named fastest growing company in Rhode Island

Providence, RI Shawmut Design and Construction has been named among Providence Business News’ list of Fastest Growing Private Companies –ranking first in the $75 million and above revenue category while also being recognized as the most innovative–during the 2020 Fastest Growing & Innovative Companies awards program.

Integra Realty Resources hires Tripodi as associate director in Providence

Providence, RI Integra Realty Resources (IRR) has hired Robert Tripodi as associate director in the firm’s local office. Tripodi brings more than 20 years of industry experience in real estate valuation, finance and asset management to his new role, having held executive positions with prestigious publicly traded, Boston-based companies including Prologis and State Street.

Greenman of Capstone Properties handles 4,880 s/f lease to ANLI Academy in East Providence

East Providence, RI Chris Greenman of Capstone Properties has leased 4,880 s/f to ANLI Academy at Hemmingway Dr. ANLI is a beautician school that has experienced significant growth teaching cutting edge nail technology and eye lash extensions to individuals looking to get into the beautician field.