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

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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