News: Rhode Island

Capital Group Properties plans to
open 8,500 s/f X-Golf at Warwick Center

Warwick, RI According to Capital Group Properties, X-Golf will open a new location at Warwick Center, a 160,000 s/f shopping center. X-Golf will bring a golf simulator experience to this new 8,500 s/f location slated to open in late 2024 adjacent to The Paper Store.

X-Golf offers an indoor entertainment center, sports bar, and year-round golfing that caters to families, golf amateurs, and pros alike. Informed by nearly 20 years of research and development, X-Golf’s proprietary technology offers the world’s most accurate indoor golf simulator for players to train at their own level on famous golf courses from around the world.

“There are many golf courses nearby especially going toward South County,” said Marc Catanese, owner of X-Golf Warwick. “We’re excited to have those regular golfers come in to check out X-Golf, and hopefully become regular guests while joining our fall and winter leagues.”

There are now 100 X-Golf locations across the U.S. and Canada since the first location opened in America in 2015. This new location will offer lessons by a PGA pro as well as a retail area and event space to host corporate gatherings, birthday parties, and more.

Warwick Center is comprised of national and regional tenants including Barnes & Noble, DSW, Edge Fitness, The Paper Store, Party City, Carrabba’s Italian Restaurant, and Walpole Outdoors. Capital Group Properties has made numerous capital improvements to upgrade the shopping center since purchasing the property in 2022, including enhancements to the landscaping, parking lot, pylon sign, lighting, and building façades.

Located at 1350 Bald Hill Rd. (Rte. 2) along the trafficked intersection of I-95 and I-295, the retail and commuter corridor has more than 35,000 vehicles per day. It is at a signalized intersection across from an 89,000 s/f Market Basket and Home Depot.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary