Category: Rhode Island

Woonsocket, RI Elite Commercial Realty sold the 2.98-acre former Woonsocket Middle School at 357 Park Place for $1 million. 357 Park Place LLC, an affiliate of the Goldman Group LLC, a Boston-based real estate investment, development, and management company is the buyer.

Warwick, RI Julie Freshman of MG Commercial Real Estate has brokered a long-term lease of 33,000 s/f of warehouse space at 275 West Natick Rd. to Homans Associates for the landlord, 275 West Natick Road, LLC. Freshman represented the tenant and worked directly with the landlord.

Providence, RI Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented BMJ Properties LLC in a portfolio sale of four buildings at 393-405 Harris Ave. in the Valley section of the city.

East Providence, RI East Point is the latest waterfront residential community to be built by Churchill & Banks, permitted for 392 residential units, many of which will have direct waterfront access and unobstructed views of the Seekonk River and Blackstone State Park across the Seekonk River.

Johnston, RI Marcus & Millichap negotiated the sale of U.S. Citizenship & Immigration Services, a 20,560 s/f office property located at 1543 Atwood Ave., according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $10.25 million.

East Providence, RI The City of East Providence, together with Churchill & Banks and its subsidiary Noble Development as well as the East Providence Waterfront Commission, broke ground on a new ambitious $120 million waterfront development.

Two of the biggest economic development projects in Pawtucket are moving forward and are poised to supercharge commercial development in our city. Phase I of Tidewater Landing, the largest economic development project in our city’s history, broke ground on August 12^th.

Jamestown, RI According to Mott & Chace Sotheby’s International Realty, the East Passage home at 34 Decatur Ave. has sold for $2.2 million. Nicole Carstensen, sales associate of Mott & Chace Sotheby’s International Realty, represented the seller.

Providence, RI Hope & Main, a food business incubator, is planning a new chapter that many have hoped for—a greater presence in the city. The incubator’s founder and president, Lisa Raiola, said that, in early 2023, Hope & Main will debut its Downtown Makers Marketplace.

After months of anticipation and planning, city officials and employees gathered last month for a ribbon-cutting to mark and celebrate the official opening of municipal offices in the Sawtooth Mill building in historic Apponaug Village.