News: Rhode Island

CP Management officially opens Rhode Island office

Providence, RI CP Management has been managing properties in Rhode Island for over a decade and recently decided to formalize its presence. A longtime New Hampshire client originally expanded to Rhode Island and asked CP to come along. Since then, CP has built a portfolio of properties in the area that includes multifamily apartments, residential condominiums, and commercial space.

CP’s full-time Rhode Island team includes maintenance technicians, administrative support, and is led by the Southern New England regional property manager, Walter Pastor. This office will continue to be supported by CP Management headquarters in Exeter, N.H. 

Below you will find additional details on the properties currently in CP’s Rhode Island portfolio:

The 903, Providence – 330 unit residential condominium that is one of the largest condominiums in the state. CP has managed the property for 10+ years and assisted in transitioning the property from part investor-owned rentals to full unit owner board control. The CP staff has been integral in administering the property’s finances and maintenance to ensure it remains a sought-after building in Providence.

Park Row West, Providence – 96 unit market-rate multifamily apartment community. This property was previously used as Johnson & Wales student housing for 10+ years. CP Management took over management when the building was 100% vacant. They have overseen extensive unit updates, amenity construction, rebranding, and led leasing to current 90%+ occupancy in 18 months. 

The Residences at Saw Mill Square Condominium, North Kingstown – 119 unit high-end garden-style residential condominium. The property was previously managed by the original developer. The CP staff is implementing a set of principles that will ensure effective and fiscally responsible operations for the association moving forward. 

375 Wampanoag Trail, East Providence – 70,000 s/f of medical space and commercial offices. The property was built in 2016 and is anchored by Brown Medicine who occupies three of the property’s four floors. 

MORE FROM Rhode Island
Rhode Island

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
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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.

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
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