As housing prices continue to rise at an accelerating pace with no end in sight, it is more critical than ever to provide an adequate supply of affordable housing opportunities. As the result of the enormous economic disruption due to COVID-19
Warren, RI Marcus & Millichap has sold a 2,328 s/f net-leased Citizens Bank branch located at 521 Main St., according to Tom Shihadeh, regional manager of the firm’s Boston office.
Lincoln, RI The Foncellino Team of Coldwell Banker Commercial brokered the sale of two buildings (a 2-unit multifamily and a barn with a 3-car garage) totaling 6,400 s/f on a 47,000 s/f lot at 88 Sayles Hill Rd.
Providence, RI A former lodge/banquet hall at 159 Gano St. has been sold for $1 million. The 5,760 s/f masonry building was formerly the home of the Holy Rosary Band Society.
After an eighteen-month due diligence process that resulted in the signing of a purchase and sales agreement, New-York-based Lockwood Development Partners has closed the deal with Care New England Health Systems to purchase the long vacant Memorial Hospital site.
The past month since I was sworn in as Warwick’s mayor has been a whirlwind of meetings, events, and getting out into the community to hear the concerns and ideas of those who live and work here. I am honored to have been elected to serve the city
East Greenwich, RI Dakota Partners closed on phase 2 of Brookside Terrace, a new affordable housing community. Construction for the entire development is well underway, with phase 1 completion anticipated for early summer.
Pawtucket, RI Mayor Donald Grebien and Lockwood Development Partners’ president Charles Everhardt said that they have finalized the closing of the former Memorial Hospital site from Care New England.
With 2020 (thankfully) behind us, companies and employees alike are rethinking where business operations should take place as well as future office configurations. Companies like Aquant, for example, are closing all offices to allow work-from-anywhere
Quonset Business Park is the leading engine of economic development and job creation in Rhode Island due in large part to the support from our partners across local, state and federal governments.
