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BUSY DEVELOPER: Arnold “Buff” Chace is the managing partner for Cornish Associates LP, which has several ongoing projects in downtown Providence, including three historical buildings on Westminster Street that are being renovated into apartments/retail. Chace stands in front of one of the properties, The Peerless Building at 150 Union St.
 / PBN PHOTO/MICHAEL SALERNO

Despite some permitting improvements, developers often ‘going nowhere fast’ in Providence

The developer of a riverfront hotel proposed for Providence gained initial approval from the I-195 Redevelopment District Commission a year ago, giving him clearance...

East Providence commercial building sells for $3.4M

EAST PROVIDENCE – A building in the Westminster Office Park, near the Seekonk, Mass., line in East Providence, sold recently for $3.4 million to...
NEW OWNER: Joanne Chang, new owner of Olga’s Cup and Saucer in Providence’s Jewelry District, purchased the neighborhood restaurant for $660,000 in November. She says the arrival of the Cambridge Innovation Center and construction of new housing in the district attracted her interest. / PBN PHOTO/­RUPERT ­WHITELEY

Shine returning to Providence’s Jewelry District

Investment in the Jewelry District of Providence has accelerated, fueled by large commercial and residential projects bringing new jobs and residents to the once-forlorn...
THE EIGHT DOWNTOWN Providence submarkets had office vacancies in 2017 ranging from a low of 1.3 percent in the Empire submarket to a high of 14.9 percent in the Promenade area, according to an overview prepared for Rhode Island by CB Richard Ellis New England. / COURTESY CBRE

CBRE: Downtown Providence office vacancy rate drops to 11.9 percent

PROVIDENCE – How important is being able to walk easily from the office to a mass transit station? Enough to warrant a special mention in the market overview...

R.I.’s real estate market gets hotter

In the last week, Rhode Island was treated to good news on the residential and commercial real estate fronts, with one major caveat. In its...
PROVIDENCE MAYOR JORGE O. Elorza speaks at the CBRE 2018 Market Outlook, presented by CB Richard Ellis New England. / PBN PHOTO/MARK S. MURPHY

CBRE 2018 Outlook: Downtown, suburban office markets tighten, industrial space at...

PROVIDENCE – The commercial real estate market across Rhode Island is strengthening, with record occupancy rates in industrial properties and shrinking availability in the...
BROWN UNIVERSITY IS trying to sell for redevelopment two brick buildings on the East Side, near the Gano Street entrance to Fox Point off Interstate 195, at 271 Tockwotten St. and 230 India St. /COURTESY BROWN UNIVERSITY

Brown University selling two lots near Fox Point for redevelopment

A previous version of this story incorrectly listed the number of buildings for sale. Brown University is trying to sell two parcels, including a...
300 Niantic Ave., an industrial building in Providence sold for $4.2 million, it was announced Tuesday. / COURTESY CBRE/NE

300 Niantic Ave. sells for $4.2M

PROVIDENCE - A property in Providence’s Huntington Industrial park changed hands on Tuesday. The 67,200-square-foot industrial building at 300 Niantic Ave. sold for $4.2 million,...
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