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Andrew Galvin appointed to RI Bio board

Health Services 08/04/2024

PROVIDENCE – Andrew Galvin, senior vice president of CBRE Inc., has joined RI Bio’s board of directors, the trade group announced. "We are thrilled to...

RISING UP: A 200,000-square-foot life sciences complex under construction in the I-195 Redevelopment District will include dedicated space for the R.I. State Health Lab and Brown University. The rest will be for private lab activities.  PBN PHOTO

R.I. presses forward in quest for lab space

Economy 07/05/2024

While major metropolitan areas are facing a concerning glut of laboratory space, Rhode Island leaders are more optimistic about the Ocean State’s future in...

A PERFECT PLACE: Daniel DeCiccio, chief technology officer at X-ray technology company Research Instruments Corp., works at the company’s lab on Promenade Street in Providence. The location is a great match for its needs, executives say.  PBN PHOTO/MICHAEL SALERNO

R.I. in need of lab space even as demand drops

Economy 01/19/2024

Just outside of downtown Providence, life sciences startup Research Instruments Corp. is developing a technology that Chief Business Officer Keith Bisogno calls the “replacement...

CVS Health Corp. ranked No. 2 for corporate transparency among S&P...

Health Services 08/11/2022

PROVIDENCE – CVS Health Corp. was ranked the second best transparent company among the S&P 250, No. 2 for investor transparency within the health...

Northgate Apartments complex in Middletown sells for $37M

Real Estate 06/29/2022

MIDDLETOWN – CBRE Inc. on June 16 announced the sale of the 179-unit Northgate Apartments at 3 Admiralty Drive for $37 million. Completed in two...

Blow Molded Specialties plant in Pawtucket sells for $2M

Real Estate 03/23/2022

PAWTUCKET – The former home of Blow Molded Specialties at 535 Prospect St. in Pawtucket recently sold for $2 million, according to public records. The...

THE DOWNTOWN PROVIDENCE office market continues to suffer an increasing vacancy rate since the start of the COVID-19 pandemic, reaching 15.85% for the fourth quarter of 2021, according to latest market figures provided by CBRE Inc. / PBN FILE PHOTO/CHRIS BERGNEHEIM

CBRE: Downtown Providence office vacancy at 15.85% in Q4, highest since...

Economic Activity 02/01/2022

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%...

ZOLL MEDICAL CORPORATION bought a 117,360-square-foot commercial property at 200 Narragansett Park Drive in East Providence that’s now occupied by Hasbro Inc. The property was purchased recently from Paolino Properties LP. / COURTESY PAOLINO PROPERTIES LP

ZOLL Medical Corp. buys Hasbro-used E.P. facility for $18M

Economic Activity 01/26/2022

EAST PROVIDENCE – A 117,360-square-foot commercial property now occupied by Hasbro Inc. was recently sold by Paolino Properties LP to ZOLL Medical Corp. for...

47,890-square-foot space in Warwick leased to wood flooring company

Real Estate 07/29/2021

WARWICK – Thomas O. Sweeney, principal with Sweeney Real Estate & Appraisal, represented the landlords in the lease of 47,890 square feet of industrial...