Rhode Island

Gov. McKee tours Flex Technology Park building #5 at Quonset - by Steven King

As New England’s  leading business park with over 200 companies and 12,900 working here, the Quonset Development Corp. (QDC) team takes pride in providing flexible space options for both existing companies looking to expand and new arrivals to the park.

Joyal, Tollefson, and Warburg of Lila Delman Compass sell $9.5 million in Quonochontaug

Charlestown, RI Lila Delman Compass brokered the sale of 648-A West Beach Rd. in the village of Quonochontaug for $9.5 million. Lila Delman Compass represented both sides of this sale, with Lori Joyal, managing broker of Lila Delman Compass’ Watch Hill office, representing the seller and George Tollefson

Warwick’s new city hall plaza will reinvigorate existing businesses - by Frank Picozzi

A pedestrian plaza. An ice skating rink. A roller rink. A splash pad. An outdoor event space for dances, concerts, food truck nights, recreational activities and so much more – all taking place in the heart of historic Apponaug Village. These family-friendly, community-based activities will soon become a reality, thanks

Perry and Pezza of Lila Delman Compass sell 15 Red Brook Crossing for $2.425 million

Lincoln, RI Lila Delman Compass negotiated the record-breaking sale of 15 Red Brook Crossing for $2.425 million. Lila Delman Compass sales associates Susan Perry and Michelle Pezza represented the seller. According to data maintained by the Rhode Island

Sweeney Real Estate brokers Providence condo sale to Law Office of Ron Resmini at 365 Eddy Street

Providence, RI The Law Office of Ronald Resmini relocated their office to 365 Eddy St., unit 3. For the last 10 months the firm was leasing the space, but recently purchased the condo from Office Realty Properties, LLC for $535,000.

New Winters Elementary School expected to open doors this fall - by Donald Grebien

With the demolition of the Henry J. Winters Elementary in June of 2020, the state-of-the-art STEAM facility is expected to be completed before this coming school year. The new school, built on the 2.6-acre site of the old facility, will feature three levels and accommodate 643 students in grades pre-K through

Major developments progressing - by William Fazioli

Persistence prevails when all else fails. Despite headwinds and disruptions in the construction industry, several major development projects recently reached milestones in East Providence. These projects include significant residential developments along with important commercial and industrial expansions.

Casey of Sweeney Real Estate brokers mixed-use investment sale - $1.3 million

East Greenwich, RI Kevin Casey of Sweeney Real Estate & Appraisal brokered the sale of 536 Main St. and 16 Bridge St. The properties are 4,136 s/f and 2,200 s/f respectively, and are comprised of two retail units, six residential units and a commercial garage.

Brady Capital Advisors arranges $29.5 million acquisition financing of Northgate Apartments - a 179-unit, garden-style, multifamily property

Middletown, RI Brady Capital Advisors, LLC (BCA) has arranged and facilitated $29.5 million in acquisition financing for the Northgate Apartments, a 179-unit, garden-style, multifamily property located on 15 acres at 3 Admiralty Dr. for a closing that took place on May 31, 2022.

Standard Communities leads public-private partnership to convert 176-unit market rate community to long-term affordable housing

West Warwick, RI Standard Communities, a major national affordable housing investor and developer, has acquired Tanglewood Village, a 176-unit apartment community. Standard Communities led a public-private partnership to convert the market-rate property into long-term dedicated affordable housing. No existing residents will be displaced.