News: Rhode Island

Paskalis and Freshman of MG Commercial sell 96,323 s/f industrial building

538 Main Street - Coventry, RI

Coventry, RI George Paskalis, SIOR/partner and Julie Freshman, member associate SIOR/vice president of MG Commercial Real Estate completed the sale of a 96,323 s/f industrial building situated on 16.7 acres in Coventry and Cranston at 538 Main St. for the seller, Fiskeville Realty Company I, LLC c/o Sihl, Inc. The building was purchased by Storage Five Development, LLC for $4 million.

Paskalis and Freshman represented the seller, while Bang Realty – New England, Inc. in association with AQRE Advisors, represented the buyer.

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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

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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
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.

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