NEWS

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

Warwick, RI Jackson Caffrey of Sweeney Real Estate & Appraisal represented the landlord in the lease of 3,200 s/f located at 1201 Post Rd. The tenant, Iron Lion Tattoo, is an appointment-only studio renowned for its custom, hand-drawn designs, offering clients a personalized tattooing experience. The property attracted interest, highlighting

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