NEWS

WARWICK – A restaurant business is leasing the former lobby of a five-story hotel that’s being converted into housing, according to Sweeney Real Estate & Appraisal. The 5,000-square-foot lobby space at the former Wyndham Hotel property at 1850 Post Road was leased to Pat’s Italian, a locally owned and operated

The Rhode Island commercial real estate market has remained steady, maintaining consistent activity despite fluctuations at the national level. While economic conditions have shifted, the state’s market continues to demonstrate resilience. The office sector remains stable but stagnant, industrial properties are constrained by rising costs, and retail has experienced steady

WESTERLY – An office condominium in the Champion Medical building recently sold for $400,000, according to public records and an announcement by Sweeney Real Estate & Appraisal. The 35 Wells St., Unit 2, medical office condominium was purchased by a real estate holding company for Atlantic Audiology Inc., a hearing-loss

Cranston, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers in the sale transaction of 1336-1340 Cranston St. The 4,034 s/f mixed-use investment site features three residential units, a 1,000 s/f commercial garage and retail space, leased to McShawn’s Pub. The property was split into three separate

WARWICK – A 2,400-square-foot industrial building recently sold for $425,000, according to Sweeney Real Estate & Appraisal, which represented the seller in the deal. The 2650 Warwick Ave. building was the home of Dennis Diffley Drain Services Inc., which provided catch basin cleaning, sewer line repair, septic treatment, high-pressure water

LINCOLN – A 17,700-square-foot brick industrial building recently sold for $375,000, according to public records. The 27 Carrington St. building was constructed in 1902 and comes with 0.43 acres of land, according to public records. Sweeney Real Estate & Appraisal represented both sides of the transaction. Sweeney Real Estate salesperson

Eric Schultheis is a salesperson and appraiser for Sweeney Real Estate & Appraisal, a commercial real estate brokerage and appraisal firm based in Providence. Schultheis joined the company in 2018, after entering the real estate industry following his graduation from the University of New Hampshire in 2013 with a bachelor’s