Category: Rhode Island

Investing federal stimulus funds to keep RI at the forefront of America’s offshore wind industry - by Steven King

Investing federal stimulus funds to keep RI at the forefront of America’s offshore wind industry -...

October 8, 2021
With over $1 billion in federal American Rescue Plan Act money still to be invested, Rhode Island has a unique opportunity to live up to our nickname of the “Ocean State”. At Quonset, we have a detailed plan to invest a portion of these funds in a way that
Warwick to release RFPs for closed school-related facilities - by Frank Picozzi

Warwick to release RFPs for closed school-related facilities - by Frank Picozzi

October 8, 2021
Since taking office in January, I’ve been working diligently to address some of the issues related to a handful of municipal buildings, some of which have lain fallow over the past several years after their closure as school-related facilities.
Pereira of June Realty re-elected as president of Greater Providence Board of Realtors

Pereira of June Realty re-elected as president of Greater Providence Board of Realtors

October 8, 2021
Providence, RI Mike Pereira of June Realty was re-elected as president of the Greater Providence Board of Realtors for 2022. He previously served as the  board’s 2021 president, 2020 president-elect, treasurer and corporate secretary. He is a member of its executive, finance and nominating committees. Pereira is also
Pawtucket’s commerce director Boyle to retire - by Donald Grebien

Pawtucket’s commerce director Boyle to retire - by Donald Grebien

October 8, 2021
After a nearly 40-year career as a planning and economic development professional that included over four years serving as the city of Pawtucket’s commerce director, Jeanne Boyle is retiring. She will serve as commerce director until mid-November.
Progress requires steadfast dedication and prudent actions - by William Fazioli

Progress requires steadfast dedication and prudent actions - by William Fazioli

October 8, 2021
Change may be inevitable, but growth is certainly optional. As we continue to face ever changing challenges, communities must earnestly commit to carving a path that will lead to improved conditions for its residents. Progress is not automatic. Instead, it happens because
HREC Investment Advisors arranges $6.15 million sale of 88-room Comfort Suites West Warwick to Naranda Hospitality

HREC Investment Advisors arranges $6.15 million sale of 88-room Comfort Suites West Warwick to Naran...

October 8, 2021
West Warwick, RI HREC Investment Advisors has arranged the $6.15 million sale of the 88-room Comfort Suites West Warwick Providence, 10 Keyes Way. Naranda Hospitality has acquired the property and will also manage it.
Colbea Enterprises opens two new Seasons Corner Market locations

Colbea Enterprises opens two new Seasons Corner Market locations

October 8, 2021
Scituate, RI Building on its past success, Colbea Enterprises, LLC has opened two more Seasons Corner Markets. One is at 34 Hartford Avenue (Rte. 6) in Scituate, and the second at 947 Douglas Pike (Rte. 7) in Smithfield. Both of these stores are open
Hogan Assocs. and Lila Delman Compass sell 591 Indian Ave. for $2.934 million

Hogan Assocs. and Lila Delman Compass sell 591 Indian Ave. for $2.934 million

October 8, 2021
Middletown, RI Hogan Associates sold 591 Indian Ave. for $2,934,500. Leslie Hogan of Hogan Associates represented the buyers, and Eric Kirton of Lila Delman Compass represented the sellers.
Foncellino Team of Coldwell Banker Commercial leases 2,000 s/f office space to Ken’s Foods

Foncellino Team of Coldwell Banker Commercial leases 2,000 s/f office space to Ken’s Foods

October 8, 2021
Cumberland, RI Foncellino Team of Coldwell Banker Commercial Division listed and leased 2,000 s/f of office space on the second floor of the office building at 1985 Mendon Rd. The space was leased by Ken’s Foods which is a family owned and operated
Doherty of Lila Delman Compass sells 'Honeysuckle Lodge' - $9.39 million

Doherty of Lila Delman Compass sells 'Honeysuckle Lodge' - $9.39 million

October 8, 2021
Newport, RI Lila Delman Compass continues to lead Rhode Island’s luxury real estate market with the record sale of ‘Honeysuckle Lodge’, 225 Ruggles Ave., for $9,391,635.  According to data maintained by the Rhode Island Statewide MLS,
BankRI provides $7.9 million for refinancing of Hanora Lippitt Mills - 117 affordable housing units owned by Cathedral Development Group

BankRI provides $7.9 million for refinancing of Hanora Lippitt Mills - 117 affordable housing units ...

October 8, 2021
Woonsocket, RI Bank Rhode Island’s (BankRI) commercial real estate division has provided $7.9 million to Cathedral Development Group, Inc. to refinance the Hanora Lippitt Mills housing complex. Located at 1 Main St., Hanora Lippitt Mills features
Smedberg rejoins VHB

Smedberg rejoins VHB

October 8, 2021
Providence, RI VHB welcomes Robert Smedberg, PE, back to the team as their company-wide institutions market leader. Smedberg brings 25 years of experience to his new role, including 17 years at VHB from 2022 to 2019. Smedberg’s experience includes his most recent role as client sector leader at another
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