News: Rhode Island

Accetta of Joseph W. Accetta & Associates completes 7 sales - $2.1 million: Plus two leases totaling 22,403 s/f with Marchwicki of Bismarc Properties

Joseph Accetta of Joseph W. Accetta & Associates and Brenda Marchwicki of BisMarc Properties have completed recent transactions in Cranston, North Providence, Providence, Johnston, Warwick, and Pawtucket, RI. * 1700 Mineral Spring Ave., North Providence, has been sold for $1 million for Barrett Avenue Realty Trust to K Bros. This corner location on Douglas Ave. is a mixed-use property of retail, apartments, and a gas mart. * 1334 Associates has leased 1334 Park Ave. in Cranston to Bowen Investment Corp. The former Tim Horton's Donut Shop has been refitted to become a Honey Dew Donuts. The ten-year-old 2,003 s/f building sits on a 21,283 s/f corner site. * 624 Woonasquatucket Ave., North Providence, has been sold from the St. Lawrence Church Corporation of Centerdale to Pathfinder Corporation. The former 24,000 s/f elementary school and adjacent wood frame 1,696 s/f rectory will be utilized as an adult day care center. The sale price was $250,000. * 110 Kenyon Ave., Pawtucket, has been sold for $275,000 by Richard Land, Esq., Receiver to Jonathan Savage. The 85,204 s/f industrial building is sited on a 25,500 s/f site. * 1150 Pontiac Ave., Cranston, has been leased from Under One Roof, Inc. to Vassa Yoga Studio. The 2,400 s/f one level space has been extensively renovated for its new use. * 49 North Union Street, Pawtucket sold for $175,000. This warehouse building contains 66,000 s/f on three floors. It is situated on a 14,000 s/f site in the downtown area of the city. The seller was Major Electric and the buyer was Nexus Corp. * 70 Jefferson Blvd., Warwick has been sold for the Kirkpatrick Trust to Karen Bacon. The 1,500 s/f second floor office condominium sold for $175,000. * 70 Greenville Ave., sold for $115,000. This was a 1,920 s/f garage on a 9,890 s/f site. The seller was Joseph Rendine. The buyer was Metro Surveillance. * 158 Courtland St., Providence, has been sold for $110,000. This 1,637 s/f church building is on a 4,356 s/f site. It was sold for $110,000 to Seventh Day Advent Reform Movement.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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Columns and Thought Leadership
The City of Warwick is the perfect choice - by Frank Picozzi

The City of Warwick is the perfect choice - by Frank Picozzi

The late summer sky was bright and the mood festive at the family-friendly “Best in Town” event at Rhode Island’s first Floor & Décor store. Those looking to make some home improvements strolled through the warehouse, admiring the well-stocked aisles, fair
Nine things left by the Navy that are key to success at Quonset today - by Steven King

Nine things left by the Navy that are key to success at Quonset today - by Steven King

The modern Quonset Business Park is Rhode Island’s leading engine of job creation and economic growth. The park hosts 239 companies and over 14,000 jobs. That success rests on the foundation of two neighboring, now-closed military bases built by the U.S. Navy
Quonset is an essential piece of Rhode Island’s proposed Green Bond - by Steven J. King

Quonset is an essential piece of Rhode Island’s proposed Green Bond - by Steven J. King

While Quonset is known as the region’s leading engine for economic development and job growth, equally as important is its role in protecting and preserving the environment. Home to more than 800 acres of open space, an 18-hole public golf course, four public beaches
Rhode Island is on the move - and there’s no better example than Quonset - by gov. Dan McKee

Rhode Island is on the move - and there’s no better example than Quonset - by gov. Dan McKee

This year has already brought significant economic progress in for the state of Rhode Island, and nowhere is this more noticeable than at the Quonset Business Park.