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Banquet hall property in Providence sells for $1M
February 4, 2021
PROVIDENCE – A property containing a small banquet hall in the city’s Fox Point neighborhood has sold for $1 million. The 5,760-square-foot masonry building at 159 Gano St. most recently was owned...
“Attitude of flexibility is crucial to success” is our anthem as we head through 2021
January 29, 2021
What seems to be the longest year ever has come to an end! We have seen a lot change in a short span of time. Our new ways of interacting have brought forth challenges & opportunities in the business...
Casey of Sweeney Real Estate & Appraisal represents seller in $3.95 million multifamily investment sale
January 15, 2021
Pawtucket, RI Kevin Casey of Sweeney Real Estate & Appraisal represented seller, RISSPORT I LLC in the sale of multiple multifamily properties to ROSO Investment Realty Trust for $3.95 million. The...
East Providence industrial property sells for $1.8M
December 30, 2020
EAST PROVIDENCE – A nearly 32,000-square-foot industrial building at 22 Almeida Ave. has been sold to 22 Almeida Ave. LLC for $1.8 million, according to Sweeney Real Estate & Appraisal, which...
Salvation Army sells former Cranston office space for $485K
December 10, 2020
CRANSTON – A former fire station in the Pawtuxet Village section of the city has sold for $485,000, according to Sweeney Real Estate & Appraisal, which represented its most recent owner, The...
3 commercial properties, valued at $1.3M overall, sell in Cranston, Warwick, Pawtucket
December 3, 2020
CRANSTON – Eric Schultheis, an agent with Sweeney Real Estate & Appraisal, was involved in three commercial transactions in recent weeks that totaled more than $1.3 million. On Oct. 19, he...
Schultheis, Sweeney and Casey of Sweeney Real Estate brokers four sales totaling $3.02 million
November 13, 2020
Cranston RI Eric Schultheis of Sweeney Real Estate & Appraisal was involved in three transactions that totaled $1.37 million. Schultheis represented the property at 757 Park Ave. for receiver James...
Industrial site sells in East Providence for $1.7M
October 29, 2020
EAST PROVIDENCE – A nearly 5-acre site in an industrial park in the city has sold for $1.7 million. The property at 155 Amaral St. includes four industrial buildings that cover about 29,000 square...
Apartment portfolio sells for $7.4M
October 15, 2020
PAWTUCKET – Six apartment buildings located in Pawtucket, Cranston, Lincoln and Central Falls have been sold by a Rhode Island limited liability company to The Hennessy Group LLC. The sale by...
Sweeney and Schultheis of Sweeney Real Estate handle multiple deals
October 6, 2020
Pawtucket, RI Sweeney Real Estate & Appraisal has completed multiple deals in the state. Eric Schultheis of Sweeney Real Estate represented the sellers of 1 Main St. The property was sold to AA...
Pawtucket office building sells for $280K
September 16, 2020
PAWTUCKET – A commercial property at 1 Main St. was sold on Sept. 10 to AA Prime Properties LLC for $280,000, according to Sweeney Real Estate & Appraisal, which represented the seller. The property...
Schultheis of Sweeney Real Estate brokers East Side investment deal
September 11, 2020
Providence, RI Eric Schultheis of Sweeney Real Estate & Appraisal represented the sellers of the five family apartment complex located on the city’s East Side at 41 E Transit St. The property was...
Fertility Solutions leases new office space in Providence
August 26, 2020
PROVIDENCE – Fertility Solutions PC has signed a lease on a new location in Providence. The fertility services clinic will move to 134 Thurbers Ave., at Eddy Street. The landlord, J&H Realty LLC, ...
Fox Point apartment building sells for $660K
August 19, 2020
PROVIDENCE – A five-family apartment building in the city’s Fox Point neighborhood has sold for $660,000, according to Sweeney Real Estate & Appraisal, which represented the sellers. The property at...
Sweeney Real Estate & Appraisal sells 15,000 s/f house of worship
August 14, 2020
Providence, RI The Congregation of Ahavath Sholom Sons of Zion, Shaare Zedek of Providence sold a 15,000 s/f place of worship located on the city’s East Side at 120 Rochambeau Ave. to Aletheia Church...
PBN announces 2020 25 Leaders & Achievers honorees
July 17, 2020
PROVIDENCE – Providence Business News has announced its winners for its second annual 25 Leaders & Achievers Awards program honoring local business leaders. The individuals chosen for this year’s...
Five Questions With Thomas Sweeney
July 8, 2020
Thomas Sweeney is the principal and chief appraiser of Sweeney Real Estate & Appraisal, a commercial real estate firm based in downtown Providence. He is a graduate of Providence College. Sweeney...
Sweeney Real Estate & Appraisal sells 20,000 s/f flex building in Highland Corporate Park
June 12, 2020
Woonsocket, RI Prime Restoration and Remediation LLC purchased an industrial flex building located at 811 Park East Dr. for $1.35 million. The 20,000 s/f property sits on 2.5 acres in Woonsocket’s...
Once we all trust each other we will be able to move forward and work in these unusual times
May 29, 2020
As we get finished up with the ninth week of the COVID pandemic, we must realize that the entire globe is going through a major change. While everyone is affected both globally and nationally, our...
Sweeney recognized nationally by Boys & Girls Clubs for expanding youth opportunities
May 28, 2020
Longtime Boys & Girls Clubs of Warwick board of governors’ member Thomas O. Sweeney is the recipient of the Boys & Girls Club of America 2020 Roy McBean Memorial State Alliance Board Member of the...
Prime Restoration and Remediation purchases Woonsocket building
May 21, 2020
WOONSOCKET – A residential and commercial remediation and repair company has purchased an industrial flex building in the Highway Office Park of Woonsocket and plans to relocate its headquarters...
Sweeney Real Estate & Appraisal honored by CoStar Group with Power Broker Award
May 8, 2020
Providence, RI CoStar Group, Inc., the data/analytics leader of the commercial real estate industry, named this year’s Power Broker Award recipients, recognizing professionals and firms who closed...
Casey of Sweeney Real Estate & Appraisal sells 138,000 s/f industrial building on 14.65 acres
April 10, 2020
Coventry, RI Sweeney Real Estate & Appraisal sold 538 Main St. sold to Response Properties LLC. for $400,000. Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers, Fiskeville...
Appraisal experts foresee a strong 2020 for the appraisal industry
March 27, 2020
Appraisal experts foresee a strong 2020 for the appraisal industry. The profession continues to evolve, and so does the demand for different types of appraisals. Demand in general remains high, and...
Schultheis of Sweeney Real Estate & Appraisal leases 3,000 s/f
March 13, 2020
Providence, RI Eric Schultheis of Sweeney Real Estate & Appraisal recently leased two properties: 458 Putnam Pike in the Greenville section of Smithfield and 135 Gano St. The property on Putnam...
Connect with staff, community
March 13, 2020
Thomas O. Sweeney | Sweeney Real Estate & Appraisal owner and principal broker Early in my career I learned that the building and management of a successful business comes down to creating...
PBN summit: High business costs, education are concerns in R.I.
February 21, 2020
The Rhode Island economy has come a long way since the dark days of the Great Recession, when the unemployment rate was among the highest in the country. R.I. Commerce Secretary Stefan Pryor, a...
PBN economic summit keynote: Recession not in the forecast
February 13, 2020
WARWICK – “There is no reason to suspect there will be a recession in the U.S. anytime soon,” said Thomas Tzitzouris, a Rhode Island native and a director for Strategas Research Partners in New...
2019 Annual Review: Thomas Sweeney of Sweeney Real Estate & Appraisal
December 27, 2019
What are your predictions for commercial real estate in 2020?We have seen the market continue to rise over these last few years, but with each quarter of growth skepticism also grows. The positive...
Casey of Sweeney Real Estate sells three multifamily properties for RISSPORT I - sales totaling $6.5 million
December 13, 2019
Pawtucket, RI Kevin Casey of Sweeney Real Estate & Appraisal represented sellers, RISSPORT I, LLC, in the $6.5 million sale of three multifamily investment properties. The properties total 84 units...
Collection of apartment buildings sells for combined $6.5M
December 12, 2019
PAWTUCKET – Three multifamily investment properties were sold recently for a total of $6.5 million, consisting of seven buildings and 84 units. The properties were located in Pawtucket and Lincoln, ...
Doherty’s Ale House sold, to become dog day care
October 30, 2019
WARWICK – The former Doherty’s Ale House building in Warwick has been sold and will be renovated and converted to a dog day care and spa. Dogtopia will open a dog day care, boarding facility and spa...
Smart businesses are learning quickly how to trim fat, adapt and best position themselves for the future
October 25, 2019
The commercial real estate industry is constantly influenced by change. It is those owners and users that are able to quickly adapt to the changes that will survive the inevitable lull. Adapting to...
Casey of Sweeney Real Estate and Appraisal sells 7540 Post Road for $1 million
October 11, 2019
North Kingstown, RI The YMCA of Greater Providence sold the West Bay YMCA located at 7540 Post Rd. to Ocean State Job Lot Charitable Foundation for $1 million. The 20,000 s/f wellness center has been...
Sweeney Real Estate & Appraisal sells 34,500 s/f for $1.5 million; Schultheis brokers $375,000 sale of 742 Ten Rod Road
September 13, 2019
Providence, RI Sweeney Real Estate & Appraisal sold 125 Ernest St. for $1.5 million. The 34,500 s/f warehouse building is located in the ManuCenter section in the city, off of Allen’s Ave. The...
Marine life education entity purchases conference center in Exeter
August 15, 2019
EXETER – An entity that plans to produce environmental programs on marine life has purchased a property in Exeter most recently owned by the National Sheriff’s Association. The newly incorporated...
Rhode Island is riding the wave of success
May 31, 2019
Sometimes in our lives the personal side and the business sides intersect in ways that we never would have dreamed of. When I am out in a business setting recently there are two questions that people...
Ones to Watch 2019: Eric Schultheis, Sweeney Real Estate & Appraisal
May 31, 2019
Year you entered your current field? 2014 What do you consider to be your greatest professional accomplishment in the past 12 months? In the last year my network has grown exponentially through...
Sweeney Real Estate sells 15,360 s/f building
April 26, 2019
Smithfield, RI Barmal Realty Corp. sold 333 Waterman Ave. to Al’s Real Estate Holding, LLC. The property consists of a 15,360 s/f flex building and 7,050 s/f of cold storage contractor units on 8.5...
Casey of Sweeney Real Estate & Appraisal brokers two sales totaling $1.05 million
April 12, 2019
North Smithfield, RI Olp Associates, LLC sold 40 Old Louisquisset Pike to Cavco Real Estate, LLC for $780,000. The property is a 6,080 s/f office building with 0.52 acre of land. Kevin Casey, of...
Brown purchases commercial property on Providence East Side
January 10, 2019
PROVIDENCE – Brown University has purchased a 4,000-square-foot building near Thayer Street that previously was a retail location and has plans to acquire the surrounding parking lot. The...
Casey of Sweeney Real Estate & Appraisal sells commercial condo unit
November 30, 2018
Lincoln, RI A&M Realty Associates, LLC sold Unit 203 at 6 Blackstone Valley Place to TBT Enterprises, LLC for $345,000. The unit is a 5,333 s/f commercial condo in a multi tenanted campus with first...
Sweeney Real Estate & Appraisal sells 2,232 s/f for $350,000 in East Providence
November 9, 2018
East Providence, RI 430 Newport Ave. sold for $350,000 in early October. The 2,232 s/f building was previously a Cilantro Mexican Grill. The buyer plans to open a Baja’s Tex Mex Grill at the site, ...
Sweeney Real Estate & Appraisal brokers two sales totaling $2.24 million
October 12, 2018
Cranston, RI Alves Properties, LLC sold 25 Slater Rd. to G3 Slater Road, LLC for $1.75 million. The property is a 25,548 s/f industrial building with office space in the Howard Industrial Park on...
Sweeney Real Estate & Appraisal brokers two sales totaling $1.375 million
September 14, 2018
Pawtucket, RI Thomas Sweeney of Sweeney Real Estate & Appraisal represented Theodore Orson of Orson & Brusini, appointed receiver of Ten Mile Associates, LLC for the sale of real estate located at...
Churchill & Banks purchases Pawtucket industrial property
August 30, 2018
PAWTUCKET – Providence-based developer Churchill & Banks has purchased a three-building industrial site in Pawtucket, with plans to convert two of the buildings for a mixed-use project. The company...
Sweeney Real Estate & Appraisal and Capstone Properties broker $2 million deal
August 10, 2018
Providence, RI Asset Preservation, Inc. sold 71-85 Richmond St. to Seventy One Richmond, LLC for $2 million. The property is a 14,434 s/f, 3-story building located in the Downtown Development...
Rhode Island jumped ahead of 24 states and are now the 9th best economy in the U.S. - by Tom Sweeney
May 25, 2018
There have been a lot of changes in the past few years on how consumers consume and businesses run their businesses. We have seen steady big box reduction as online ordering increases, we have seen...
Lincoln Freight Terminal sells industrial building for $1.4M
February 22, 2018
LINCOLN – Lincoln Freight Terminal Inc. sold a 213,500-square-foot industrial building on nearly 6 acres recently for $1.4 million. The property, at 50 Industrial Circle, was sold to 50 Industrial...
South Kingstown auto dealership sold, land will be redeveloped
February 15, 2018
SOUTH KINGSTOWN – A vintage car dealership in the village of Wakefield has been sold and will be redeveloped into a new retail center. Fred W. Smith Inc., established in 1916, sold a nearly 5-acre...
SMP Global leases 2,200 square feet of office space in Pawtucket
February 8, 2018
PAWTUCKET – SMP Global has leased 2,197 square feet of office space in the Design Exchange Building at 161 Exchange St. The four-story building recently was among the winners of a Rhody Award for...
Sweeney and Casey of Sweeney Real Estate broker $2.2 million sale
December 8, 2017
Warwick, RI Thomas Sweeney and Kevin Casey of Sweeney Real Estate & Appraisal brokered a $2.2 million sale of a 42,442 s/f retail building that sits on 3.4 acres along Bald Hill Rd. The Rockola...
Sweeney of Sweeney Real Estate sells Warwick Cove Marina for $805,000
November 10, 2017
Warwick, RI Warwick Cove Marina, Inc. sold 2 Seminole St. to Fairwinds Marina, LLC for$805,000. The 90-slip marina is located off of Greenwich Bay in Warwick Cove. The sale included anoffice building...
The Rhode Island real estate market has been very active both on a local and national level
October 26, 2017
Winter is coming! Temperatures are dropping, Lardaro’s Current Conditions Index beat its year-earlier value for the seventh consecutive time this year and cranes are active in the sky, all seems well...
Sweeney of Sweeney Real Estate & Appraisal brokers $2.03 million sale
July 14, 2017
Cranston, RI New London Real Estate, LLC sold 1150 New London Ave. to Vancass Holdings LLC for $2.03 million. The property is a multi-tenanted, 3-story, 24,586 s/f building located close to Garden...
New construction June 2017 - 132 Mendon Road
June 30, 2017
Cumberland - Bowerman Associates, with architect Ed Wojcik, is making headway on a commercial project at 132 Mendon Road in Cumberland in the shopping plaza anchored by Stop & Shop. The new...
Jewish Family Service purchases former medical office building for $600K
June 29, 2017
PROVIDENCE – Jewish Family Service Inc. has purchased a former medical office building at 1165 North Main St., for $600,000. The property, at 10,306 square feet, fronts the highly traveled road on...
Spring brings new growth, and in Providence shovels for new construction are breaking ground
March 31, 2017
Spring brings new growth, the ground begins to thaw and in Providence shovels for new construction are breaking ground. Year after year we’ve said that things are getting better but without cranes in...
Sweeney of Sweeney Real Estate sells medical office condominium for $352,500
March 10, 2017
Providence, RI Hathaway & Barrett Realty LLC sold a 2,101 s/f medical office condominium in the Narragansett Medical Building to David Chornley for $352,500. The property is located at the Point...
Casey of Sweeney Real Estate & Appraisal leases 1,566 s/f
February 10, 2017
Providence, RI Emanon Associates, LP leased 1,566 s/f of office space on the second floor to Veterans Assembled Electronics LLC. The property is a 73,610 s/f building in the heart of the downtown, ...
Sweeney of Sweeney Real Estate brokers $1.275 million sale of redevelopment site
December 9, 2016
Cumberland, RI Joseph & Dolores Amaral sold a 4-acre redevelopment site located at 15 Jones St. to Civic RI Central Falls Charter I LLC for $1.275 million. The 4 acres was improved by a 13,960 s/f...
Sweeney of Sweeney Real Estate sells 15,754 s/f for $400,001
November 11, 2016
Warwick, RI The Temple AM David located at 40 Gardiner St. sold for $400,001 to Rhode Island Hindu Temple Society, Inc. The property is a 15,754 s/f brick building that is north of Hoxie Four...
NEREJ Fall Preview
October 28, 2016
We collect data, conduct economic analysis, review economic indicators and engage consumers all to gain a better understanding of the influencers which impact the commercial real estate market. The...
Sweeney of Sweeney Real Estate & Appraisal brokers $1.8 million sale and leases 8,414 s/f
October 14, 2016
Middletown, RI Leicester Associates, LLC sold 875 Aquidneck Ave. to Middletown Self-Storage, LLC for $1.8 million. The property is a 15,000 s/f office and distribution center that is located along...
Woonsocket Glass sells building for $400K
September 15, 2016
WOONSOCKET – Woonsocket Glass Fabricators has sold its commercial facility at 500 Pond St., to T and T Woodworkers Inc., according to a release from the commercial real estate company that listed the...
Inaugural New England SIOR Invitational Golf Tournament
August 12, 2016
Rumford, RI Wannamoissett Country Club played host to the Inaugural New England SIOR Invitational Golf Tournament on Monday July 11. Thirteen members of the New England Chapter of SIOR played in the...
Sweeney and Casey of Sweeney Real Estate broker $815,000 sale
May 13, 2016
East Providence, RI Thomas Sweeney and Kevin Casey of Sweeney Real Estate & Appraisal facilitated the $815,000 sale of a multi-tenanted office building located at 120 Amaral St. The building is...
Sweeney Real Estate & Appraisal leases 3,500 s/f at 40 Fountain Street
April 8, 2016
Providence, RI The Veterans Assembled Electronics, LLC leased 3,540 s/f on the 8th floor of the Gardner Building located at 40 Fountain St. in downtown. The property is almost fully occupied with...
We can finally say that there is fundamental growth and dare we say even price appreciation
March 25, 2016
As we look ahead to the second half of 2016, we must remember that 2015 will be remembered as the year that things finally got better. What was previously stagnant is now gaining momentum and...
Sweeney Real Estate completes $985,000 sale and leases 7,000 s/f
March 15, 2016
Smithfield, RI Ferranti Properties LLC sold 16,800 s/f of space at 29 Lark Industrial Dr. to the Carlyle Johnson Machine Company for $985,000. Coast to Coast Promotions plans to lease back 4,370 s/f...
Downtown lease, vacancy rates rise
March 11, 2016
The overall vacancy rate for office space in downtown Providence increased last year, in large part due to consolidation of corporations and some defections to suburban office parks. In addition, ...
Sweeney announces $835K sale of East Providence building
March 3, 2016
EAST PROVIDENCE – Sweeney Real Estate & Appraisal recently announced the sale of a 17,920-square-foot industrial building at 85 Commercial Way in East Providence. The building sold for $835,000. The...
Five Questions With: David W. Widmann
March 3, 2016
David W. Widmann is vice president of appraisals for Providence-based Sweeney Real Estate & Appraisal. He previously worked for Rodman Real Estate and has been in the commercial real estate business...
Kushner of RE/MAX Commercial sells 22,671 s/f for $2.4 million in Cranston
February 19, 2016
Cranston, RI RE/MAX Commercial sold the 22,671 s/f class A professional office building at One Coastway Plaza, the former home of Coastway Community Bank. Andy Kushner of RE/MAX Commercial...
Olympus Group sells three sites for redevelopment for $670,000; With Sweeney Real Estate and Brenner Realtors
February 13, 2016
Providence, RI U O Realty LLC has purchased a 3,500 s/f former industrial building and an adjacent multifamily residence on a 25,000 s/f combined assemblage site, for $670,000 for redevelopment.
Casey of Sweeney Real Estate facilitates $1 million transaction
January 6, 2016
Woonsocket, RI LSI Graphic Solutions Plus sold 811 Park East Dr. to 811 Park East Drive, LLC for $1 million. The property is a 20,540 s/f manufacturing building in the Highland Corporate Park that...
2015 Annual Review responses by Thomas Sweeney of Sweeney R.E. & Appraisal
December 25, 2015
Respondent’s Name: Thomas SweeneyCompany: Sweeney Real Estate & Appraisal Our continued growth as a firm has established us as the fastest growing commercial real estate company in Rhode Island. ...
Success stories not limited to Providence, as Quonset Business Park and suburbs continue to see growth
October 30, 2015
As we head into the 4th quarter of 2015, it is becoming apparent that the 3rd quarter of 2015, may be remembered as the period of time in the most recent economic cycle where “things did get better”...
Sweeney of Sweeney Real Estate & Appraisal sells 83,750 s/f industrial building for $2.7 million
September 18, 2015
Fall River, MA AGC Flat Glass, North America, Inc. of Alpharetta, Georgia, sold 575 Currant Rd. to 575 Currant Road LLC for $2.705 million. The property is an 83,750 s/f industrial building on 8.75...
Spivack sells W. Warwick building
September 17, 2015
WEST WARWICK – Spivack Holdings Company LLC in late August sold 1501 Main St. in West Warwick, a two-story brick industrial building, to Main Street Investment Partners LLC. The purchase price was...
AGC sells Fall River building
August 27, 2015
FALL RIVER – AGC Flat Glass, North America Inc., of Alpharetta, Ga., recently sold its property at 575 Currant Road in Fall River to 575 Currant Road LLC, for $2.7 million. The property is an...
Top 5 Commercial Real Estate Brokerage Firms
August 14, 2015
PBN's list of the Top 5 Commercial Real Estate Brokerage Firms, ranked by total square footage handled in 2014.
Five Questions With: Thomas Sweeney
July 16, 2015
Thomas Sweeney is principal of Sweeney Real Estate and Appraisal, a Providence company that specializes in commercial real estate. Sweeney Real Estate was among the five largest in Rhode Island in...
Casey of Sweeney Real Estate Leases 2,240 Square Feet of Creative Space in Pawtucket, Rhode Island
January 20, 2015
PAWTUCKET, RI – Figmints Delicious Design & Creative Marketing, LLC leased 2,240 square feet of office space in The Design Exchange Building located at 163 Exchange Street in Pawtucket, Rhode Island...
Sweeney and Casey of Sweeney Real Estate sell 12,222 s/f for $875,000; To Quality Business Enterprises, LLC at 49 Plain Street
January 19, 2015
NORTH ATTLEBORO MA - 49 Plain Street Realty Associates, LLC sold 49 Plain St. to Quality Business Enterprises, LLC for $875,000. The property is a 12,222 s/f office building off of Rte. 152. Thomas...
Casey, of Sweeney Real Estate, facilitates 1 Million Dollar transaction for manufacturing space in Highland Corporate Park
October 2, 2014
PROVIDENCE, RI – LSI Graphic Solutions Plus sold 811 Park East Drive in Woonsocket to 811 Park East Drive, LLC for $1,000,000. The property is a 20,540 square foot manufacturing building in the...
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