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NEW WORKSPACE: Peter Gillespie, senior vice president and branch manager for Cross Insurance Inc., stands at the entrance of the company’s new offices at The Foundry in Providence. 
PBN PHOTO/MATTHEW MCNULTY

‘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...
CHANGING MARKET: Leeds M­itchell IV, principal broker and partner at MG Commercial Real Estate, says the post-pandemic Providence office market is smaller but stable. Behind him is Brown University’s 300,000-square-foot integrated life sciences research facility. 
PBN FILE PHOTO/­MICHAEL SALERNO

Stable but smaller, Providence office market is shifting

Providence’s downtown office market has, for now, weathered the existential threat posed by the COVID-19 pandemic better than some communities. But the market is changing,...

Five Questions With: George Paskalis

George Paskalis is the executive vice president of MG Commercial Real Estate Services Inc., after buying the firm together with partner Leeds Mitchell IV...

Five Questions With: Leeds Mitchell IV

Leeds Mitchell IV is the principal broker and partner behind the Providence-based MG Commercial Real Estate Services Inc. Mitchell recently bought the firm together...
MICHAEL GIUTTARI, pictured, has sold his company, MG Commercial Real Estate Services Inc., to longtime partners Leeds Mitchell IV and George Paskalis./ PBN FILE PHOTO/MICHAEL SALERNO

MG Commercial sold to longtime partners Paskalis, Mitchell

PROVIDENCE – MG Commercial Real Estate Services Inc. is now under new ownership. And, at the same time, kept things in-house. The commercial real estate...

Law firm moves to Warwick following office building sale for $1.1M

CRANSTON – Kirshenbaum & Kirshenbaum Attorneys at Law Inc. has purchased new office space in Warwick, and sold its Class A office building at...
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