News: Rhode Island

Donahue and D'Amato of CB Richard Ellis/New England sell The 903 Residences for WinnCompanies

CB Richard Ellis/New England negotiated the sale of 231 units in The 903 Residences, a luxury condominium building located at 903 Providence Place. WinnCompanies sold the asset to Core Investments/SMC Corp. The CBRE team of Paul Donahue, senior vice president/partner, and Travis D'Amato, vice president, represented WinnCompanies and procured the buyer. The rental units at the 903 Residences, which are currently 98% occupied, traded hands for an undisclosed amount. "We are extremely pleased to have facilitated this transaction on behalf of the WinnCompanies" said Donahue. Built in 2005, units feature nine-foot ceilings, loft-style layouts (select units), balconies and washers and dryers. Community amenities include garage parking, a clubhouse and great room, a resort-style swimming pool and sundeck, and a fitness center, business center and media room. The 903 Residences is located near to Federal Hill and the Downtown District and has access to the Amtrak train station, the Central Business District and the 1.35 million s/f Providence Place Mall.
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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
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
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
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.

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