COVENTRY – The former Garland Writing Instruments building in Coventry was bought recently for $800,000, after the pen manufacturer was acquired last year by Pen Co. of America and the facility was closed, according to the commercial real estate firm that represented the sellers. The 40,000-square-foot mill building, located at 1 South
Are you part of any CRE organizations? How have they helped your professional development? I am an active member of the Rhode Island Commercial & Appraisal Board of Realtors (RICABOR) due to be installed as president of the organization in November. The RICABOR has not only helped build my relationships with
Thomas O. Sweeney, SIOR – Principal of Sweeney Real Estate & Appraisal in Providence, has been selected as the 2022 REALTOR® of the Year of the Rhode Island Commercial and Appraisal Board of REALTORS®. This prestigious award is based on his outstanding contributions and leadership in the real estate industry.
As vice president of sales for Sweeney Real Estate & Appraisal, Kevin Casey routinely works on significant commercial property sales throughout the state of Rhode Island, including the $2.87 million acquisition of a 30,000-square-foot office building in Cumberland occupied by CVS Health Corp. and a $1.73 million purchase of a 20,000-square-foot warehouse building in Warwick. A
CRANSTON – A closed-down deli and the former office of a cash register equipment company were recently packaged and sold together as one commercial site in Rolfe Square, according to Sweeney Real Estate & Appraisal, which represented the sellers in the deal. The properties at 20, 22 and 0 Rolf Square
PROVIDENCE – Sitting at the foot of Federal Hill, right below the iconic “La Pigna” pinecone gateway sculpture, a former printing press building at 91 Atwells Ave. was recently purchased for $550,000, according to Sweeney Real Estate & Appraisal, which represented the sellers in the deal. The one-story, 2,145-square-foot retail
CENTRAL FALLS – The Buffinton Creative Packaging building at 575 Lonsdale Ave. was sold recently for $1.85 million, according to Sweeney Real Estate & Appraisal, which represented the former owner in the deal. The 45,143-square-foot industrial building and the 1.78 acres of land it stands on were sold by Eighty Two
Lincoln, RI Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal represented the sellers of 1320 Eddie Dowling Hwy. The location was previously the home to Cox Communications. Delcar Enterprises LLC purchased the property in 2014 and recently sold the site for $1.65 million. The 20,000 s/f building is comprised of
Well here we are. Many businesses are trying to determine how to navigate the current economic situation. “Economic outlook has dropped to historic lows, down 75% from a year ago as prices have increased about 8.6%” according to 2022 JPMorgan Chase & Co. Business Leaders Outlook Pulse survey. Businesses are
CUMBERLAND – A 30,000-square-foot office building, with CVS Health Corp. as its sole tenant, was recently sold for $2.9 million, according to Sweeney Real Estate & Appraisal, which represented the sellers and the buyers in the transaction. The two-story building, located at 100 Highland Corporate Drive, was constructed in 2000 on a 7.25-acre
