NEWS

EAST PROVIDENCE – An industrial and warehouse facility with office space has hit the market at a starting bid of $3.3 million, said property representative Sweeney Real Estate & Appraisal. The two story, 72,696 square-foot building is situated on about 2.7 acres of land and located at 77 Pawtucket Ave.,

CRANSTON – Motion Industries Inc., a major North American distributor of industrial parts and engineering services, recently leased a 24,000-square-foot warehouse facility in the city, according to Sweeney Real Estate & Appraisal. The 24 Stafford Court site, located in the Howard Industrial Park, is a concrete one-story building with a

Warwick, RI Evan Storti of Sweeney Real Estate & Appraisal negotiated the sale of 117 Metro Center Blvd., Unit 18. Storti represented the seller, 1007 Metro Center, LLC, and Leeds Michael IV of MG Commercial represented the buyer, Michael Integlia & Company. Integlia & Co., who originally developed the Metro

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 promise, and industrial continues to be the strongest sector – though costly to build. Office

CRANSTON – A 7,844-square-foot office building that was constructed in 1955 recently sold for $888,000, according to public records and Sweeney Real Estate & Appraisal, which represented the seller in this transaction. The 1647 Cranston St. building is the former home of Rihani International Inc., which specializes in the import