News: Rhode Island

Horvath & Tremblay completes $4.7 million sale in N. Smithfield

North Smithfield, RI Bob Horvath and Todd Tremblay of Horvath & Tremblay have brokered the sale of a multi-tenant retail center located within Dowling Village. Horvath & Tremblay exclusively represented the seller and procured the buyer to close the property at a sale price of $4.7 million and a cap rate of 6.22%.

Dowling Village is a 600,000 s/f regional power center located off of Rte. 146A.

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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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