News: Rhode Island

Feiner and Stamm of MG Commercial Real Estate Services sells 14,000 s/f mixed-use building for $962,500

Dan Feiner and Sylvia Stamm of MG Commercial Real Estate Services, representing the ownership of 314 Pocasset Ave., sold a 14,000 s/f mixed-use office and retail investment property for $962,500. The current tenants include a dental office, marketing firm, natural healing store and religious facility. The property has onsite parking as well, and sold for an 11% cap-rate.
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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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