Category: Rhode Island

The success of small business is vital to a city’s success in making vibrant places and offering a high quality of life for its residents. Municipal economic development departments that spend time and resources supporting small businesses will reap the economic and social benefits that small businesses provide.

Providence, RI Thomas Sweeney, SIOR, principle of Sweeney Real Estate & Appraisal has been selected as the 2022 Realtor of the Year of the Rhode Island Commercial and Appraisal Board of Realtors. This award is based on his outstanding contributions and leadership in the real estate industry

Providence, RI Six Rhode Island cities and towns have joined together to launch aggregation programs that leverage community-wide buying power to provide their residents and businesses with new options for electricity supply. These Community Electricity Aggregation (CEA) programs

Providence, RI Michael Lefrancois, president & principal broker of Regal Commercial arranged the sale of 320-324 Angell St. on the East Side of the city for $1.725 million with Stephanie Corsetti of Alliance Real Estate Group representing the sellers.

Cumberland, RI The Foncellino Team of Coldwell Banker Commercial listed and leased 121 Mendon Rd., a 3,000 s/f retail stand-alone building. The landlord is Strezsak Realty Trust and the tenant is Bushido Martial Arts.

Providence, RI Governor Dan McKee said that a major life sciences development project is moving forward in the state’s Innovation and Design District on the former I-195 land. The 212,000 s/f, seven-story building will house a new public health lab for the state of Rhode Island, while also

Warwick, RI While still rising, the appreciation in Rhode Island’s median single-family home sales price continued to moderate in August according to the Rhode Island Association of Realtors. While up year-over-year by more than 20% earlier this year, the median home sale in August was $405,000,

Providence, RI Six Rhode Island cities and towns have joined together to launch aggregation programs that leverage community-wide buying power to provide their residents and businesses with new options for electricity supply. These Community Electricity Aggregation (CEA) programs will focus on providing competitively priced rates while also including additional clean energy from Rhode Island.

North Kingstown, RI Atlantic Capital Partners negotiated the sale of Frenchtown Plaza, a 123,061 s/f multi-tenant regional shopping center. The shopping center was acquired by Ocean State Job Lot, which also serves as the asset’s anchor tenant. Located 20 minutes south of downtown

Westerly, RI Marcus & Millichap arranged the sale of Spindrift Village, a 42,200 s/f retail property, according to Thomas Shihadeh, regional manager of the firm’s Boston and Rhode Island office. The asset sold for $3.4 million. Adam Cohen and Brett Kilar, investment specialists in Marcus & Millichap

Warren, RI Michael Alves of the Elite Group at KW Commercial sold 394 Metacom Ave. on behalf of the seller David Sequino for $715,000. Robert Fox of the Elite Group at KW Commercial acted on behalf of the buyer Michael Preshman.

Narragansett, RI Lila Delman Compass negotiated the sale of 25 East Shore Rd. for $2,417,875. This transaction marks the highest sale in the history of Great Island, according to data maintained by the Rhode Island Statewide MLS.* Lila Delman Compass participated in both sides of the record sale, with