Category: Rhode Island
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
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
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 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
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
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
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
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 ...
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
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
Boland of Mott & Chace Sotheby’s sells 136 Adams Point Rd. for $3.5 million
October 8, 2021
Barrington, RI Mott & Chace Sotheby’s International Realty sold 136 Adams Point Rd. for $3.5 million. Jennifer Boland, sales associate of Mott & Chace Sotheby’s International Realty represented the seller. Jeanne Derham of RE/ MAX River
MG Commercial sells 17,260 s/f industrial building for $1.175 million
October 8, 2021
East Providence, RI George Paskalis, SIOR and Julie Freshman of MG Commercial Real Estate completed the sale of a 17,260 s/f industrial building located at 260 Narragansett Park Dr. The building, situated on 1.07 acres, was purchased by 2002 Ruthman Family Trust. The
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