
Providence, RI The Westminster Sq. Building, also known as the Howard Building, located at 10 Dorrance St. in downtown sold at public auction for $6.55 million.
Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal teamed up with Frank Petz, Brooke Howard and John Nasca of Colliers International New England to represent Giovanni La Terra Bellina, as counsel to the receiver for Robert Day, LLC. The 12-story, 203,824 s/f building has multiple tenants and is utilized for both office and retail uses. The buyer, Paolino Properties LP, is considering conversion to life science or apartments.
but needs more assessment before that decision is made.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and