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STILL STANDING: 
There is vacant office space in downtown Providence, but people in the local commercial real estate sector say landlords and banks haven’t reached a crisis level as others have nationwide. 
PBN PHOTO/­MICHAEL SALERNO

SHAKY GROUND: Distressed office real estate could undermine banks, wider economy

The former mayor of Providence is distressed. When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...
NEIGHBORHOOD PRIDE: Olin Thompson, a ­Jewelry District resident and amateur historian, points to the architectural features on a stone building at 110 Elm St. that was once a foundry and is now leased by Brown University for administrative and medical offices. 
PBN PHOTO/CLAUDIA CHIAPPA

Brown’s land of opportunity: University’s expansion is welcomed but is school...

Olin Thompson’s Jewelry District walking tour begins at the corner of Richmond and Ship streets in Providence, on a plaza covered in stepped, wooden...

Five Questions With: Matt Fair

In 2007, Matt Fair accepted a job as a commercial real estate broker at Hayes & Sherry Real Estate Services, eventually rising to become...

PACE-RI purchases East Providence building for $3.8M, will move HQ

EAST PROVIDENCE — PACE Organization of Rhode Island, a nonprofit health plan for seniors with medical complexities, has purchased a new building for its...
THE PROPERTY at 120 Centerville Road in Warwick sold for $6.1 million. / COURTESY HAYES & SHERRY REAL ESTATE SERVICES

Medical office in Warwick sells for $6.1M

WARWICK – The commercial property at 120 Centerville Road was sold for $6.1 million, according to Hayes & Sherry Real Estate Services Thursday. The property...

Hayes joins Delta Dental of Rhode Island board of directors

PROVIDENCE – Peter Hayes, founder and partner of Hayes & Sherry Real Estate Services in Providence, has joined the board of directors at Delta...

Freestanding office building sells for $2M in Jewelry District

PROVIDENCE – A three-story renovated brick building and contents, at 89 Ship St., has sold for $2 million, according to Hayes & Sherry Real...
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...
ORGANIC HEALTH: Kimberly Cornwell, owner and founder of Celadon Road Inc., an organic health and products company that sells mostly online, holds the refill size of her lavender laundry detergent, which has all-natural ingredients. / PBN PHOTO/MICHAEL SALERNO

Local warehouse space in short supply with rise of e-commerce

As e-commerce continues to transform the retail industry, the demand for dependable, affordable storage space is on the rise in the United States. The trend...
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