News: Rhode Island
Posted: September 14, 2018
Sweeney Real Estate & Appraisal brokers two sales totaling $1.375 million
Sweeney Real Estate
& Appraisal
Pawtucket, RI Thomas Sweeney of Sweeney Real Estate & Appraisal represented Theodore Orson of Orson & Brusini, appointed receiver of Ten Mile Associates, LLC for the sale of real estate located at 1110 Central Ave. The property was purchased by Churchill & Banks Companies, LLC for $925,000 who represented themselves in the transaction.
The property is an industrial site that has three buildings. The main building is a 68,678 s/f three level mill property. There is a 12,400 s/f warehouse building and an additional 2,196 s/f garage on the site. The property has been approved for mixed-use development.
In another transaction, Walter F. & Wanda McLaughlin Charitable Remainder Trust sold 359 Putnam Pike in Smithfield to Michael Furia for $450,000. The retail and warehouse building was previously McLaughlin Automotive Store. The property sits on 1.18 acres and the buyer plans to redevelop the property for mixed commercial use.
Sweeney was the broker for the transaction.
Tags:
Rhode Island
MORE FROM Rhode Island
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
Columns and Thought Leadership
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.
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
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
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
