EAST GREENWICH – A German printing technology company called WallPen, which sells a patented machine that puts graphics and pictures directly onto vertical surfaces, recently opened a new location in East Greenwich. WallPen leased a 2,500-square-foot space in Greenwich Mills at 42 Ladd St., according to Sweeney Real Estate &
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
Providence, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the landlord in a 20,000 s/f industrial lease agreement with Community Action Program & Health Services (CCAP). The site is located within the Huntington Industrial Park, at 225 Dupont Dr. The property yields heavy power, production & warehouse space
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
NORTH SMITHFIELD – Two residential properties totaling nearly 6 acres of land recently sold for $950,000 to be turned into a gas station, according to Sweeney Real Estate & Appraisal, which represented the sellers. The 1241 and 1253 Eddie Dowling Highway properties were purchased by Zeshan Abid, who plans to
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
CRANSTON – A 9,350-square-foot industrial warehouse building with nearly 2 acres of land recently sold for $650,000, according to Sweeney Real Estate & Appraisal, which brokered the transaction. The 1420 Elmwood Ave. building, constructed in 1935, was previously the longtime home of third-generation, family-owned jewelry manufacturer and wholesaler Gem-Craft Inc.
