News: Rhode Island

Scaralias of Albert Realty broker 2 sales - $550,000 and 2 leases - 1,700 s/f

Albert and Janet Scaralia of Albert Realty, Inc. negotiated 4 transactions (2 sales and 2 leases). Sharon A. Garber (trustee for A. Garber Living Trust) sold a 4,800 s/f medical office building on a 10,000 s/f lot at 934 Park Ave. to Cranston East Realty, LLC for $300,000. Bernard Inc. leased 700 s/f of office space at 1441 Park Ave. from JGB Reaty. The lease rate is $600 per month. Dry Cleaning & Alterations, LLC leased 1,000 s/f at 8 Budlong Rd. from Jean Markarian. The lease rate is $700 per month. The Scaralias represented both parties in these 3 transactions. In Providence, Audrey Sterk and Floyd Kellogg purchased a 2,400 s/f manufacturing building on a 7,781 s/f lot at 161 Ridge St. from Scott Realty, LLC for $250,000. The selling broker was Places and Spaces Realty.
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Rhode Island

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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