News: Rhode Island

Butler Realty and Stone Tower sell 26,155 s/f retail plaza for $1.3 million

Jeffrey Butler of Butler Realty Group sold 47 Sandy Bottom Rd. for $1.3 million to VH Partners LLC. Jack Braverman of Stone Tower Properties co-brokered the transaction. The seller of the 26,155 s/f retail plaza was Edward Flanagan Jr. Tenants include Re/Max, Legin Dance Studio, Anytime Fitness, Subway, Liberty Tax, and a karate school. The new owners plan on renovating the parking lot, handicap access and landscaping. BankRI provided financing.
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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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