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Partners purchase Hayes & Sherry commercial real estate firm

PROVIDENCE – One of the region’s leading full-service commercial real estate brokerage firms is changing owners. Hayes & Sherry founding owners, Pete Hayes and Karl...

Plans for Microfibres site please some, worry others

FOR THE FIRST TIME since Microfibres Inc. went out of business in 2016, the former fabrics factory at 1 Moshassuck St. in Pawtucket appears...

Hinckley Allen Elevates Thomas W. Madonna, Jr. to Partner

Tom Madonna, Jr. was recently elevated to partner at the law firm of Hinckley Allen, in the Real Estate Group. His practice focuses on...
SNAPPED UP: Warehouse space is hard to come by lately, and that was illustrated by this recently completed flex building at the Quonset Business Park in North Kingstown. The space has already been leased by two businesses that will use the building for warehousing and other purposes. / PBN PHOTO/ELIZABETH GRAHAM

Companies on desperate search for warehouses

Businesses looking for a warehouse in Rhode Island might be searching for a long time because the exploding growth of online retail has spurred...
SPECIAL ­FLAVOR: Leo Lin, foreground, is the manager of Good Fortune Supermarket, a Providence grocery store that offers a wide variety of Asian foods. / PBN PHOTO/ELIZABETH GRAHAM

Specialty markets filling need and vacant properties

Andre and Angeline Dumas pushed a small metal carriage past the voluminous seafood displays at Good Fortune Supermarket recently. Twice a month, the couple...
FINDING A HOME: Thomas O. Sweeney, principal of Sweeney Real Estate & Appraisal, said there is a lot of satisfaction in helping businesses, whether local or national, find their place within Rhode Island. 
PBN PHOTO/KATE WHITNEY LUCEY

Thomas O. Sweeney, principal, Sweeney Real Estate & Appraisal

PBN 2020 Leaders & Achievers Awards Thomas O. Sweeney | Principal, Sweeney Real Estate & Appraisal YOU COULD SAY that real estate has always been...
COMMITTED TO SERVE: MG Commercial Real Estate Services Inc. President Michael Giuttari currently serves as board president of the Society of Industrial and Office Realtors New England chapter and as chairperson of the Highland Charter School board. 
COURTESY MG COMMERCIAL REAL ESTATE SERVICES INC.

Michael Giuttari, president, MG Commercial Real Estate Services Inc.

PBN 2020 Leaders & Achievers Awards Michael Giuttari | President, MG Commercial Real Estate Services Inc. FOR MICHAEL GIUTTARI, president of Providence-based MG Commercial Real...
RESHORING INCENTIVE: Steven J. King, managing director of the Quonset Business Corp., says the coronavirus pandemic may incentivize more manufacturers to “reshore” activities domestically after experiencing the supply-chain breakdowns created by the pandemic. / PBN PHOTO/ELIZABETH GRAHAM

Pandemic slows interest in Quonset Business Park

On a recent Wednesday ­afternoon, Quonset Business Park hummed with activity: trucks barreling down the winding roads, construction crews chatting on a break, cranes...
THE COMMERCIAL REAL ESTATE market has been heavily impacted by the COVID-19 pandemic. / AP FILE PHOTO/MARK LENNIHAN

Virus pummels commercial real estate, could end long boom

NEW YORK (AP) – Americans are likely to see more “for rent” signs in the coming months as many businesses devastated by the coronavirus...
HOLDING STEADY: 
Michael P. Lefrancois Jr., president and chief consultant of commercial real estate agency Regal Consulting Group in East Greenwich, says there’s still demand for commercial real estate during the coronavirus pandemic, and no evidence that property values are declining. / PBN PHOTO/MICHAEL SALERNO


Pandemic could alter way companies view their offices

Within a few weeks after the first COVID-19 case was confirmed in Rhode Island, working from home became the norm. Suddenly, many commutes consisted of...
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