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Five Questions With: Neal Amper

Neal Amper, vice president of Capstone Properties Inc. in Providence, annually writes a report that summarizes market activity in Rhode Island. He spoke to...
THE PROPERTY at 125-127 Friendship St. in Providence has been listed by Capstone Properties. The property was formerly home to the club Ultra. / COURTESY CAPSTONE PROPERTIES

Capstone Properties lists former nightclub building in Jewelry District

PROVIDENCE – A building in downtown Providence that had accommodated nightclubs for more than 20 years is newly listed by Capstone Properties. The one-story building...
INVOLVED: Jim Boscov is the chairman and CEOALTERNATIVE SERVICES: The Providence Place mall has evolved to compete with online shopping and e-retailers by adding alternative services such as the CycleBar cycling studio and renting space to Comprehensive Community Action Program for a “skills center” that offers computer and language classes, as well as job-training workshops. / PBN PHOTO/MICHAEL SALERNO

New stores help Providence Place evolve

To many, the closure of Nordstrom at Providence Place mall was a disheartening blow for the capital city, and further proof online shopping is...
NEW STATION: Raymond Lavoie, left, executive director, and Dr. Michael Fine, senior clinical and population health officer, stand in front of Blackstone Valley Community Health Care’s new neighborhood health station in Central Falls.
 / PBN PHOTO/MICHAEL SALERNO

New Blackstone Valley health center seen as boon to Central Falls...

Drive along Broad Street in Central Falls on a weekend and you’ll see that it plays a significant role in the city’s small economy. “It’s...

Brown University students buzz over new Center for Entrepreneurship

PROVIDENCE – Brown University reports its entrepreneurial-minded students are “bursting with excitement” over the recent opening of the school’s new Jonathan M. Nelson Center...
HIGH PRICES: Mike Giuttari, president of Providence-based commercial real estate brokerage firm MG Commercial, said because demand for commercial real estate is so high in the Greater Boston market and because the Rhode Island market is so close, contractors can charge high prices and if they don’t get them in the Ocean State, they can take their business to Boston. / PBN FILE PHOTO/RUPERT WHITELEY

After a strong 2018, signs of weakening in commercial real estate?

Living in the shadow of a giant can be difficult. Just ask those on the business end of Greater Providence’s commercial real estate market....

Jewelry District building sells for $2M

PROVIDENCE – A three-story building at 71-85 Richmond St. sold in mid-July for $2 million, about twice its assessed value. The property owned by Asset...
NEIL AMPER is the vice president of Capstone Properties Inc., based in Providence. / COURTESY CAPSTONE PROPERTIES

Five Questions With: Neil Amper

Neil Amper is vice president of Capstone Properties Inc. of Providence and conducts an annual report of commercial real estate transactions. His most recent...
THE AVERAGE SALE PRICE per square foot declined in the retail and office sectors, but increased for the industrial sector in Rhode Island. / COURTESY CAPSTONE PROPERTIES

Report: R.I. commercial real estate transactions decline in 2017

PROVIDENCE – The number of commercial real estate transactions in Rhode Island declined from 2016 to 2017, according to the Capstone Report released Tuesday...
THIS SITE MAP shows the six contiguous commercial properties in the Rumford section of East Providence listed for sale by Capstone Properties. / COURTESY CAPSTONE PROPERTIES

Capstone lists 6 commercial properties for sale in East Providence

EAST PROVIDENCE – Six contiguous properties in the Rumford section of East Providence are listed for sale with Providence-based Capstone Properties, covering nearly 2...
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