News: Rhode Island
Posted: December 12, 2014
Peregrine Group purchases Newport Yachting Center and more
Peregrine Group LLC has purchased the Newport Yachting Center, including the Mooring Restaurant, the Smokehouse Restaurant, the Sunset Terrace, and the marina and parking operations from Newport Realty, Inc. The sale closed in November. Newport Harbor Corp. will continue to operate the restaurants under the Newport Restaurant Group umbrella, Sunset Terrace, and boat shows under long-term lease agreements. Peregrine looks forward to continuing to operate and enhance the property, and to being an active contributor to the success of the City of Newport.
Peregrine Group LLC is a real estate investment, advisory and property management firm located in Rumford. Peregrine has completed projects in Mass., Hawaii, N.Y., California, and Mexico City, as well as several projects in Rhode Island, including the Ocean House Hotel in Watch Hill, American Locomotive in Providence, and Rumford Center in East Providence.
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Quick Hits
Columns and Thought Leadership
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
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
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
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.
