Category: Rhode Island
Five R.I. companies come together to transform building while the business inside stays open
September 16, 2022
Riverside, RI The thing Rhode Island is perhaps most famous for is for being (at least for the last 245 years) the smallest state in the U.S. A recently completed renovation project in this East Providence neighborhood demonstrates this admirably. One of Rhode Island’s largest
Doorley-Lucas of Mott & Chace sells 28 Narragansett Bay Ave. - $2.65 million
September 16, 2022
Warwick, RI Mott & Chace Sotheby’s International Realty sold the historic waterfront home at 28 Narragansett Bay Ave. for $2.65 million. Amy Doorley-Lucas, sales associate of Mott & Chace Sotheby’s International Realty, represented the seller
Quonset named sixth best industrial park in America - by Steven King
September 16, 2022
Quonset has been a top economic generator for Rhode Island for many years, and the national recognition of that success continues. Recently, we were again ranked the sixth best industrial park in America by Business Facilities Magazine.
Proposed residential development options abundant in Warwick - by Frank Picozzi
September 16, 2022
In recent months, the city has seen a variety of proposals that will increase Warwick’s housing stock and hotel offerings: a 122-room WoodSprings Suites Extended Stay Hotel, 56 townhouse-style and 19 single-family style dwellings now under construction, 238 apartment units that have been approved
Company of the Month - Hayes & Sherry transitions to new ownership - Longtime partners Fair, Greene ...
September 16, 2022
Providence, RI Providence-based Hayes & Sherry, the region’s leading full service commercial real estate brokerage firm, has made a change in ownership. Founding owners Pete Hayes and Karl Sherry have sold the company to partners, Matt Fair, Bill Greene, and Dave Lucivero.
Pawtucket arts festival celebrates the past, present and future - by Donald Grebien
September 16, 2022
The city of Pawtucket is buzzing with so much activity going on; the completion of the $47 million Pawtucket-Central Falls Transit Hub, the development of the $44 million Dexter St. Commons, the construction of a new public safety center, the continuation of construction at Tidewater Landing that will
City of East Providence launches storefront improvement program - by Roberto DaSilva
September 16, 2022
East Providence is offering vital funding to qualified businesses to enhance their storefronts utilizing funds awarded to the city by the American Rescue Plan Act (ARPA) in response to the COVID-19 pandemic. Small businesses were hit especially hard by the pandemic and the ensuing changes to the retail
Kern of Sweeney Real Estate & Appraisal brokers two building sale - $700,000
September 16, 2022
Cranston, RI Jay Kern of Sweeney Real Estate & Appraisal represented Edward and Judith McDonough in the sale of 20, 22 & 0 Rolfe Sq. The site was purchased by L&C Investment Group, LLC for $700,000.
Bank Rhode Island provides $10.5 million in financing for the acquisition and conversion for Residen...
September 16, 2022
Providence, RI The commercial real estate division of Bank Rhode Island (BankRI) has closed a deal with 180 GMC, LLC to provide $10.5 million in financing for the acquisition and conversion of the former Tockwotton building. The property will be transformed into the Residences at India Point,
Doherty and Leonard of Lila Delman Compass sell 60 Beacon Hill Rd. for $6 million
August 12, 2022
Newport, RI Lila Delman Compass sold 60 Beacon Hill Rd. for $6 million. Kimberly Doherty, Lila Delman Compass sales associate, represented the seller while Kate Leonard, also of Lila Delman Compass, represented the buyer. “Beacon Hill House is one of the most important sites in Newport
McCollough and Crellin of Mott & Chace Sotheby’s International Realty sell 352 Ocean Rd. for $4.99...
August 12, 2022
Narragansett, RI Mott & Chace Sotheby’s International Realty sold the historic waterfront home at 352 Ocean Rd. for $4.995 million. Kylie McCollough, sales associate, and Jennifer Crellin, sales associate: both of Mott & Chace Sotheby’s International Realty,
Prices continue to increase in Greater Providence region while low inventory reduces closed sales
August 12, 2022
Providence, RI Median sale price increased in 10 out of 13 municipalities in the Greater Providence region, while closed sales largely followed the statewide trend of declining year over year. Increased prices are being sustained by a shortage of listings in
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