Category: Rhode Island
RI Ready - Preparing sites for new jobs all over Rhode Island - by governor Dan McKee
March 11, 2022
As Rhode Island’s economy continues to rebound and grow, we need to do everything we can to keep that momentum going. To help achieve that, I cut the ribbon in January on Rhode Island Ready, a new $40 million initiative to create jobs by generating an inventory of pre-permitted, pre-engineered
Warwick’s infrastructure is key to growth, safety, and business vitality - by Frank Picozzi
March 11, 2022
As we know, good infrastructure is key not only to the public’s health and safety, but to ensure the continued growth and vitality of a community’s business development and economy. To this end, efforts at the local and state levels are helping to ensure that Warwick’s roads, bridges
Cresser of Lila Delman Compass sells ‘Wishing Rocks’ property for $3.875 million
March 11, 2022
Jamestown, RI Lila Delman Compass brokered the sale ‘Wishing Rocks,’ 354 Beavertail Rd. for $3.875 million. According to data maintained by the R.I. Statewide MLS, this marks the highest sale in Jamestown and one of the top three sales in Newport County year-to-date.
Pare Corp. makes several leadership advancements
March 11, 2022
Lincoln, RI Pare Corp. made several promotions and shifts in the firm’s leadership. Pare’s president Larry Riggs said, “Pare recently celebrated the 50th anniversary of the firm’s founding. Our strong legacy of serving the engineering needs of the Northeast
Freshman and Giuttari of MG Commercial sell $8.3 million industrial site Phillipsdale Landing
March 11, 2022
East Providence, RI Julie Freshman and Mike Giuttari, SIOR of MG Commercial have sold a 340,000 s/f, industrial complex known as Phillipsdale Landing, located at 310 Bourne Ave. for Bourne Holdings LLC to Phillipsdale Holdings, LLC of Los Angeles for $8.3 million. The purchaser
Sweeney Real Estate and Coldwell Banker sell 4,223 s/f 1000 Smith St. for $600,000
March 11, 2022
Providence, RI 1000 Smith St. sold for $600,000; $25,000 over asking price. The property yielded multiple offers and was purchased by Rosalino Counseling LLC.
Pawtucket reaches out to minorities, women, and disadvantaged businesses - by Donald Grebien
March 11, 2022
Last month the U.S. Small Business Administration (SBA) hosted an information session at the Cape Verdean American Community Development Center in Pawtucket to celebrate Black History Month. Some two-dozen local small businesses attended the session that was opened by senator Jack Reed who was joined by SBA New
East Providence is working to improve it's transportation infrastructure - by Roberto DaSilva
March 11, 2022
High quality transportation infrastructure is a vital public asset that encourages economic investment in our communities. In addition, providing a reliable and safe transportation network that promotes transit choices which will address climate concerns is a top priority of East Providence.
Elite Group of KW Commercial sells 8,000 s/f restaurant
March 11, 2022
Warren, RI Michael Alves and Robert Fox of the Elite Group at KW Commercial sold 632 Metacom Ave. on behalf of the sellers, Oganes and Hnazant Tagessian. Elite Group also represented the buyer John Cardosi Jr.
Joyal of Lila Delman Compass sets state record for individual sales volume - over $121 million
March 11, 2022
Watch Hill, RI Lori Joyal, broker associate and sales manager of Lila Delman Compass’ local office, set statewide records in 2021, having individually closed $121,163,111 in sales volume and ranking as the top individual agent in the state for the third year in a row.
Cushman & Wakefield arranges $26.9 million sale of 135-unit Rising Sun Mills - a 135-unit multifamil...
March 11, 2022
Providence, RI Cushman & Wakefield has arranged the sale of Rising Sun Mills, a 135-unit multifamily community at 166 Valley St. The final sale price was $26.9 million. Cushman & Wakefield’s Chris Sower, Bruce Lusa, Jonathan Bryant, John Flaherty, Kevin Jones,
Fischman of Greystone secures $14.9 million refinancing for Merchants Village Apartments in Westerly...
March 11, 2022
Westerly, RI Greystone has provided a $14.9 million, HUD-insured loan to refinance a 116-unit affordable housing property. The transaction was originated by managing director Lisa Fischman, with Greystone’s New York office.
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