Capstone Properties - Providence Business News

Nexgen buys former R.I. Rental building in Warwick for $2.15M

Real Estate 12/20/2023

WARWICK – A 25,352-square-foot warehouse building in Warwick recently sold for $2.15 million, according to Capstone Properties, a Providence-based real estate company, which represented...

GOING UP: Michelle Murphy, owner of Roots Hair Salon LLC in Cranston, works on Talias Oakane of Cranston. Murphy says she may have to raise the rent she charges her stylists, who recently raised their prices due to the increased cost of products, because her monthly payment to rent the building space for the salon recently increased. PBN PHOTO/MICHAEL SALERNO

More businesses struggle with their rent payments

Economy 12/09/2022

When Michelle Murphy renewed her lease recently for a 5,000-square-foot beauty salon she rents in Cranston, there was some bad news that came with...

Providence City Plan Commission approves 2 mixed-use developments

Government 11/15/2022

PROVIDENCE – The City Plan Commission approved two major land development projects on Tuesday afternoon, one located in Upper South Providence and one in Wayland...

Five Questions With: Neil Amper

Real Estate 06/10/2020

Neil Amper is vice president at Capstone Properties, a commercial real estate firm in Providence. He spoke to the Providence Business News this week...

CUSTOMER-FOCUSED: Jennifer Massotti, general manager of Barrington Books in Barrington, holds up a bag with a thank-you note, which she wrote for all curbside-pickup orders. The small business was able to secure flexibility on rent payments from the landlords for both of its locations, in Barrington and Cranston. / PBN PHOTO/MICHAEL SALERNO

Overdue rent growing into pandemic problem

Economic Activity 04/24/2020

How can a business pay its rent when the state orders it to close its doors in a pandemic? The reality is many can’t in...

WATCHFUL EYE: A worker from Shawmut Design and Construction oversees the building of the new Brown University Performing Arts Center on College Hill in Providence in December. / PBN FILE PHOTO/MIKE SKORSKI

Boston’s building boom drawing labor from R.I.

Economic Activity 03/20/2020

Finding office space in northern Rhode Island for a Massachusetts company that wanted to relocate proved so difficult recently that it required some quick...

Five Questions With: Neal Amper

Real Estate 09/04/2019

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

Real Estate 08/14/2019

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...