Category: Rhode Island

Providence, RI Sweeney Real Estate & Appraisal sold 125 Ernest St. for $1.5 million. The 34,500 s/f warehouse building is located in the ManuCenter section in the city, off of Allen’s Ave. The seller, Shane Realty LLC was represented by Thomas Sweeney of Sweeney Real Estate & Appraisal

Warwick, RI The medical office buildings located at 120 Centerville Rd. and 45 Gilbane St. were sold to a national REIT for $6.06 million. Matt Fair of Cushman & Wakefield/Hayes & Sherry brokered the transaction on behalf of the seller.

Charlestown, RI State and local officials joined with representatives of RIHousing, Women’s Development Corporation (WDC), Washington County Community Development Corporation (WCCDC), and funding and community partners to celebrate the completion of new rental homes.

Providence, RI Residential Properties Ltd, has completed the sale of 247 Wayland Ave. on the east side for $2.1 million, matching the highest price ever recorded by Statewide MLS for a multifamily sale on the east side

Providence, RI According to Gilbane Development Company, the real estate development, financing, and ownership arm of Gilbane, Inc., Jim McCurdy has been promoted to vice president of finance. With over 14 years of industry experience, McCurdy joined Gilbane Development Co. in 2015 and has been actively involved in capital raises totaling over $3 billion. 

The city of Pawtucket has some great opportunities with the commuter rail – Transit Oriented Development District (TOD) scheduled for 2021, and great waterfront opportunities around the Slater Mill National Park along with easy on/off access to Rte. 95.

In connection with the city’s planned $6.185 million school bond issue for renovations and improvements to schools and school facilities, S&P Global (S&P) has recently affirmed the bond rating of the city at “AA” and assigned a stable outlook. The bonds were scheduled to sell through the Rhode Island Health and Educational Building Corporation the week of September 9.

Providence, RI RGB Architects has promoted Andrew Barkley, Tracey Donnelly and Jason Iacobucci in its firm. 

The Quonset Business Park has been the leading engine of the Rhode Island’s economic growth and job creation for years and continues to grow and adapt to change. But Quonset’s economic growth and momentum is not based on just one entity, elected official or private business; rather it has always been a team effort.

Newport, RI BankNewport has teamed up with Sage Environmental, DBVW Architects, and DiPrete Engineering to redesign and redevelop its 12,000 s/f office at Washington Sq.

Lincoln, RI Pare Corporation, a leading multi-disciplinary engineering and planning firm, has promoted seven. Each of these individuals exemplifies the Pare culture in their commitment to giving back to the community and in their dedication to each project on behalf of our clients. 

Providence, RI Investment sales broker Northeast Private Client Group has completed the sale of Ambassador Apartments located at 71 Pitman St. and 203 Gano St. Tim McGeary, an investment associate in the firm’s Massachusetts’s office, represented the seller