Tag: Commercial Real Estate
Smiley’s second-term vision: Building Providence’s next economy
Providence Mayor Brett P. Smiley entered City Hall in 2023 after serving as the city’s chief operating officer, promising a more efficient approach to...
Apex redevelopment enters critical new phase
After more than six months of review, Pawtucket officials have narrowed six proposals for the former Apex department store property to three finalists, pushing...
‘Low supply and low demand’: R.I. office market undergoing ‘repositioning’
On a sunny summer morning at the Foundry in Providence, Cross Insurance Inc. employees move past exposed brick walls and soaring 14-foot ceilings before...
Washington Trust CEO: Q1 results mixed amid wealth and institutional push
WESTERLY – Washington Trust Bancorp Inc. CEO and Chairman Edward O. “Ned” Handy III said Tuesday that the company's first-quarter results reflected uneven fee...
Why aren’t companies speeding up investment? There’s a new theory
For years, I’ve puzzled over a question that seems to defy common sense: If stock markets are hitting records and tech innovation seems endless,...
Smiley seeks $25M bond to help finance purchase of building from...
PROVIDENCE – Mayor Brett P. Smiley is looking to purchase a downtown building from former Mayor Joseph R. Paolino Jr..
Smiley’s office has confirmed it...
Montecito Medical purchases surgery center leased by Ortho RI and Spire
WARWICK – An investor in medical office real estate nationwide has purchased a Class A orthopedic and surgery center in Rhode Island.
Montecito Medical, a...
Old ProJo Building revival getting closer to reality
For more than a century, 203 Westminster St. has stood like a baroque sentinel in downtown Providence – a grand Beaux-Arts building that once...
Loan program launched to fill vacant ground-floor retail space in I-195...
PROVIDENCE – The I-195 Redevelopment District Commission and R.I. Commerce Corp. are hoping a new loan program will help fill vacant ground-floor retail space...
Federal commercial real estate cancellations surprise R.I. landlords
PROVIDENCE – Mary Sadlier was surprised when she opened an email from the General Services Administration last week.
The agency informed Sadlier the federal government...
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