Tag: Alden Anderson Jr.
SHAKY GROUND: Distressed office real estate could undermine banks, wider economy
The former mayor of Providence is distressed.
When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...
Pandemic fallout taking toll on commercial real estate
The COVID-19 pandemic has ended but the economic fallout is ongoing in some sectors of the economy, including commercial real estate.
Owners and lenders invested...
Former R.I. Commerce Corp. president, COO Fagan joins CBRE Group
PROVIDENCE – Hilary Fagan, former president and chief operating officer of R.I. Commerce Corp., has joined CBRE Group Inc. as vice president.
In this role,...
Five Questions With: Alden Anderson Jr.
Alden Anderson Jr., based in Providence, joined CBRE Group Inc. in 1994 and serves as senior vice president, leading the company’s New England operations....
Are you concerned about the long-term effects of rising vacancy rates...
CBRE Inc. says the vacancy rate for downtown office space in Providence was 15.85% for the fourth quarter of 2021. That’s the highest rate...
CBRE: Downtown Providence office vacancy at 15.85% in Q4, highest since...
PROVIDENCE – The vacancy rate for downtown office space in the city continues to increase since the onset of the COVID-19 pandemic, reaching 15.85%...
New URI president discusses business and the blue economy during economic...
PROVIDENCE – The University of Rhode Island's Business Engagement Center and the blue economy's connection to the school's curriculum, outreach and research was at...
The recipe for recovery? Depends on whom you ask
Point of view matters, perhaps now more than ever.
Indeed, panelists at Providence Business News’ Economic Trends Summit on Feb. 18 painted very different pictures...
PBN Economic Summit: Long-term crisis looms after stimulus runs out
PROVIDENCE – Fiscal stimulus and mass vaccinations should bring short-term economic relief, but a long-term crisis marked by structural unemployment, inflation and a bond...
Building in Pawtucket’s Narragansett Business Park sells for $6.7M
PAWTUCKET – The property at 670-710 Narragansett Park Drive, located in the Narragansett Business Park, was sold for $6.7 million to Legacy Gansett LLC,...
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