Category: Rhode Island

Greenwood Credit Union City Hall Plaza nears completion - by Frank Picozzi

Greenwood Credit Union City Hall Plaza nears completion - by Frank Picozzi

November 14, 2025
After several years of planning, construction, and anticipation, the community is eagerly awaiting the opening of the Greenwood Credit Union City Hall Plaza and outdoor skating rink later this month.
East Providence hosts National League of Cities representatives - by Molly Ahern

East Providence hosts National League of Cities representatives - by Molly Ahern

November 14, 2025
The city of East Providence consistently strives to improve the lives of its residents. In June of 2025, East Providence was one of twelve U.S. cities selected to participate in National League of
Education infrastructure investment as an economic catalyst and pathway to a stronger business climate - by Gaetan Kashala and Dylan Zelazo

Education infrastructure investment as an economic catalyst and pathway to a stronger business clima...

November 14, 2025
The caliber of a community’s educational infrastructure is one of the most powerful indicators of its long-term economic outlook. Modern, well-maintained schools do more than educate
Wright of Lila Delman Compass sells 5 Defender’s Row for $3.42 million

Wright of Lila Delman Compass sells 5 Defender’s Row for $3.42 million

November 14, 2025
Newport, RI Lila Delman Compass brokered the sale of 5 Defenders Row on Goat Island for $3.42 million. Alyce Wright, sales associate of Lila Delman Compass’ Newport office,
Schultheis of Sweeney Real Estate & Appraisal secures long-term lease for O’Reilly Automotive

Schultheis of Sweeney Real Estate & Appraisal secures long-term lease for O’Reilly Automotive

November 14, 2025
Westerly, RI Eric Schultheis of Sweeney Real Estate & Appraisal negotiated the lease of 102 Granite St. to O’Reilly Automotive Store Inc. O’Reilly leased the full 8,616
R.I. success story: Quonset Business Park is now home to 15,000 jobs - by Steven J. King

R.I. success story: Quonset Business Park is now home to 15,000 jobs - by Steven J. King

November 14, 2025
For 20 years, the Quonset Business Park has served as New England’s leading engine for economic growth and job creation. Today, Quonset has achieved a new economic milestone – the
Roy Carpenter’s Beach Association completes purchase of historic Matunuck property

Roy Carpenter’s Beach Association completes purchase of historic Matunuck property

November 14, 2025
Matunuck, RI The Roy Carpenter’s Beach Association (RCBA) has purchased the 50-acre beachfront property at 240 Cards Pond Rd., marking a defining moment in the community’s nearly 80-year history.
McMahon and Ginsberg of Summit Realty Partners win CoStar Power Broker award

McMahon and Ginsberg of Summit Realty Partners win CoStar Power Broker award

November 14, 2025
Cranston, RI Summit Realty Partners’ principal, Chris McMahon, and vice president, Travis Ginsberg, have been recognized as 2025 CoStar Power Broker Quarterly Deals winners for three retail leasing transactions this year. This national honor highlights
Massachusetts real estate transfers  over $1 million face new tax rules as of November 1st - by Daniel Meyer

Massachusetts real estate transfers over $1 million face new tax rules as of November 1st - by Dani...

November 14, 2025
Attention to owners of real estate in the Commonwealth (and the title companies and other professionals who advise them), the Massachusetts Department of Revenue (the “DOR”) recently adopted a new “millionaire’s tax” via 830 CMR 62B.2.4
Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility mana...

November 3, 2025
Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
Rhode Island and the New Normal - by Thomas Sweeney and Christina Rouse

Rhode Island and the New Normal - by Thomas Sweeney and Christina Rouse

October 31, 2025
Rhode Island’s commercial real estate market is shifting in line with national trends, though local dynamics reveal both opportunity and constraint. Office tenants are more selective, experiential retail is expanding, capital remains tight but shows
Outlook for industrial real estate market in R.I. for rest of 2025 and start of 2026 is positive - by Julie Freshman and George Paskalis

Outlook for industrial real estate market in R.I. for rest of 2025 and start of 2026 is positive - b...

October 31, 2025
As we head into the 4th quarter of 2025, the Rhode Island industrial market remains healthy with steady demand. Vacancy rates remain below the 7% national average and range between 4% and 5%. Over the past year, vacancies have risen only 0.1%
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