News: Rhode Island
Posted: March 8, 2024
Lila Delman Compass #1 in Kent and Washington Counties for 2023 commercial sales
Narragansett, RI According to data maintained by the Rhode Island Statewide MLS, Lila Delman Compass agents participated in two of the top three commercial sales across the state. Furthermore, per RIMLS, Lila Delman Compass ranked as the #1 firm for commercial sales in both Kent and Washington Counties, based on 2023 sales volume.*
By nunicipality, Lila Delman Compass agents participated in sixtop commercial sales:
• Warwick - 1850 Post Rd. | $5.9 million | Gregory Arakelian and Dave Lawrence
Highest Hospitality Sale In State*
• Block Island - 359 & 361 High St. | $5.65 million | Rosemary Tobin
• Westerly - 93 Watch Hill Rd. | $2.7 million | Gregory Arakelian
Highest Marina Sale In State*
• North Kingstown - 222 Exeter Rd. | $2.2 million | Gregory Arakelian
• South Kingstown - 116 Main St. | $800,000 | Dan and Nicole Harding
• Scituate - 84 Danielson Pike | $368,000 | Gregory Arakelian
Based on his 2023 performance, Gregory Arakelian, Lila Delman Compass’ commercial director, has been nominated for two awards by CoStar, the internationally recognized commercial real estate database.
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023.
Lila Delman Compass is a part of Compass Rhode Island. In 2023, Compass was the only brokerage to exceed $1 billion+ in sales in Rhode Island. The brokerage’s top rankings extend across both residential and commercial categories.
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