News: Rhode Island
Posted: August 12, 2010
Washington Trust provides $2.576 million financing
Washington Trust's commercial real estate group recently provided $2.576 million in financing to 2240 South County Trail, LLC, for property located at 2220 and 2240 South County Trail for a multi-tenanted/light industrial building. Originally the site of East Greenwich Dairy, the two buildings are completely renovated to provide approximately 12,000 s/f of light industrial space and 11,000 s/f of multi-user office space.
"The property's location on Rte. 2, with easy access to Rte. 4, makes it an attractive space for companies interested in locating to an area that has experienced high population growth," said Joseph MarcAurele, Washington Trust chairman, president, and chief executive officer.
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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
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
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.
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
