Category: Rhode Island
CDM’s Planet Fitness acquires two Maxx Fitness Clubzz
January 12, 2024
Warren, RI Planet Fitness franchise group CDM Fitness Holdings (CDM), an SBJ Capital (SBJ) portfolio company, acquired two fitness center locations from Maxx Fitness Clubzz. The Planet Fitness location in Warren is 20,000 s/f and is located at 601 Metacom Ave.
City of Pawtucket’s year in review - by Donald Grebien
January 12, 2024
2023 was a year filled with pride and excitement for the city of Pawtucket. Several of our key education, economic development, and quality of life initiatives came to fruition, making our city a better place to live, work, and play.
Seaview, The “Can Do” Railroad, breaks annual record for rail car volume at Quonset - by Steve...
January 12, 2024
Quonset’s world-class transportation is a key element of our continued success. When it comes to hauling freight, Seaview Railroad provides a crucial service to companies in the Business Park by transporting cars, lumber, plastics and pellets and much more.
Restaurant scene is vital to small business community and tourism - by Frank Picozzi
January 12, 2024
With more than 170 eateries to choose from – traditional fare, Italian, Mexican, seafood, pizza, bakeries, mom-and-pop-style diners, pubs, places for delicious desserts, and more
Kern, Schultheis and Rouse of Sweeney Real Estate & Appraisal negotiate five lease trans. totaling 1...
December 15, 2023
East Providence, RI Sweeney Real Estate & Appraisal negotiated five leases totaling 10,761 s/f. Jay Kern of Sweeney represented the landlords of 2823 Pawtucket Ave. in the lease to Miedu Group Inc. The lessee has plans to transform the 3,073 s/f former bank branch into a Montessori school.
Amper of Capstone Properties sells 25,352 s/f industrial building for $2.15 million
December 15, 2023
Warwick, RI Neil Amper, SIOR, vice president of Capstone Properties has sold a 25,352 s/f industrial building located at 111 Plan Way. The facility is the former location of R.I. Rental, which Amper sold to them in 2001. The buyer was Nexgen Mechanical which is an HVAC contractor
The Local Group of Lila Delman Compass sells 30,000 s/f Rose Furniture Company building
December 15, 2023
East Providence, RI Lila Delman Compass negotiated the $600,000 sale of 245 Warren Ave. The Local Group of Lila Delman Compass, represented the seller and facilitated for the buyer in this transaction. The building was known as “Rose Furniture Company” for over eight decades.
DESIGNxRI awards $172,000 in seed funding to 10 Rhode Island small businesses
December 15, 2023
Providence, RI Ten local design businesses are being supported and celebrated as the latest awardees in DESIGNxRI’s 2024 Design Catalyst Program. In its eighth round of supporting small design businesses across the state, DESIGNxRI is awarding $172,000 in seed
McGeary and Welch of Northeast Private Client Group sell 33,700 s/f Lauderdale Building
December 15, 2023
Providence, RI Northeast Private Client Group (NEPCG) has sold 136-144 Westminster St., the Lauderdale Building, a 33,700 s/f mixed-use property. Senior associate Tim McGeary and associate Rick Welch represented the seller and procured the buyer.
Fair of Hayes & Sherry finalizes $3.3 million sale of
6.5-acre site to Skydra Development
December 15, 2023
Warwick, RI A major development is one step closer to getting shovels into the ground. At the end of October, Hayes & Sherry, a Cushman & Wakefield alliance member, closed the $3.3 million sale of a 6.5-acre property at 2119 Post Rd.
Welchman joins Lila Delman Compass
December 15, 2023
Little Compton, RI Associate broker Renee Welchman has joined Lila Delman Compass’ office at 29 Meeting House Lane. Founder of the Welchman Real Estate Group, Welchman’s leadership and expertise has resulted in 750 transactions, totalling over $600 million
Alves of Elite Commercial at KW sells retail space
December 15, 2023
North Providence, RI Michael Alves of the Elite Commercial Realty at KW Commercial on behalf of Zhuoquan MA sold unit #1 at 1527 Smith St., the former OSHO Sushi & Bar for $85,000, to Robert Fox on behalf of EBN Business Group, LLC. Elite Group acted on behalf of both the buyer and seller.
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