EAST PROVIDENCE – A 3,000-square-foot building on Newport Avenue, which formerly contained a dress shop, recently sold for $535,000, according to Sweeney Real Estate & Appraisal, which represented the seller. According to the quitclaim deed, a public record of the sale, the former Wishing Well Bridal property at 331 Newport
WARWICK – A 2,019-square-foot commercial condominium was sold recently for $250,000 to a nonprofit providing mentorship services to youths throughout Rhode Island, according to public records. The Unit 9 property in Building 3 at 875 Centerville Road was purchased by Mentor Rhode Island: The RI Mentoring Partnership Inc., a Warwick-based
WESTERLY – A restaurant lessee in Westerly recently purchased the 2,820-square-foot property that it’s been using for the past year, according to Sweeney Real Estate & Appraisal, which brokered the transaction. The Dragon Palace property at 162 Granite St., located on Route 1 in a highway commercial zone of the
PAWTUCKET – Golf apparel company SwingJuice recently leased 9,770 square feet of commercial space on the first floor of 99 South Bend St., with plans to build out the property into a new headquarters, showroom and shipping fulfillment center, according to Sweeney Real Estate & Appraisal, which brokered the deal.
WEST WARWICK – The Rhode Island office of Chicago Title Insurance Co. is relocating from its present location directly across from the Statehouse in Providence to the Gardens Office Park in West Warwick, according to Sweeney Real Estate & Appraisal. Chicago Title Insurance recently signed a lease agreement for 4,387
When you are sick your body fights infection by stimulating your immune system via a fever. Similarly, to the body’s response to sickness, the commercial real estate market likely will worsen over the next 12 months before leveling out. This will be concentrated on the volatility of the office market
PROVIDENCE – A 6,068-square-foot industrial building at 536 Smith St. was recently purchased for $530,000 by BSPVL Holdings LLC, according to Sweeney Real Estate & Appraisal, which represented the seller. The property, located in the Oakland Avenue Historic District of the Smith Hill neighborhood, has been vacant for at least
Pawtucket, RI Michael Alves of the Elite Group at KW Commercial on behalf of the lessor Sami and Tara Trust leased 29,000 s/f industrial space at 89/93 Dunnell Ln. The tenant, Interplex Engineered Products, was seeking additional storage requirements, surplus to current facilities in a tight northern Rhode Island industrial market.
West Warwick, RI Chicago Title Insurance Company signed a lease agreement at 1300 Division Rd. The firm leased 4,387 s/f in the Gardens Office Park. The firm plans on occupying the space come early September 2023. Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented Chicago Title and Matt Fair
The former mayor of Providence is distressed. When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He led Providence as its mayor for much of the 1980s, but he’s now the outspoken managing partner of Paolino Properties LP, which owns hundreds of
