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Former hotel lobby in Warwick leased to Italian restaurant chain

WARWICK – A restaurant business is leasing the former lobby of a five-story hotel that’s being converted into housing, according to Sweeney Real Estate...
WHAT’S AHEAD? R.I. Commerce Secretary Elizabeth M. Tanner, far left, talks about what businesses can expect in the coming months during Providence Business News’ 2025 Economic Trends Summit on Jan. 30 at the Providence Marriott. With her on the panel, from left, are Leeds Mitchell IV, principal broker and partner at MG Commercial Real Estate Services Inc.; Sylvia Maxfield, interim provost and senior vice president for academic affairs at Providence College; Harold M. Horvat, Centreville Bank chairman, CEO and president; Edwin “Ted” Carr, Providence director of economic development; and Kristen Adamo, CEO and president of the Providence Warwick Convention & Visitors Bureau. PBN Editor Michael Mello, standing, moderates.
PBN PHOTO/MIKE SKORSKI

PBN summit: Panelists say several sectors feeling vulnerable

R.I. Secretary of Commerce Elizabeth M. Tanner had one piece of advice for businesses and organizations in Rhode Island that buy products overseas during...

HYBRID HARMONY: In-office? Remote? Some firms still working on the right...

Working from home was not cutting it for the two dozen or so employees at Corrigan Financial Inc. in Middletown. It’s not that the work...

Bristol County Savings Bank opens office in downtown Providence

PROVIDENCE – Bristol County Savings Bank has opened a commercial loan office in downtown Providence, the Taunton-based bank's first location in the capital city. The...
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...
SETTLING THE MATTERS: R.I. Superior Court Associate Justice Richard A. Licht says he’s closed more than 900 tax valuation appeals from across Rhode Island in recent years, more than half from Providence. 
PBN PHOTO/MICHAEL SALERNO

VALUE JUDGMENTS: Hotels, office buildings, utility properties among Providence’s biggest tax...

When it comes to property values, everybody’s got an opinion. And when millions of tax dollars are at stake, many are willing to fight...
HASBRO INC. has announced it is moving out of its offices in downtown Providence, but what's next for the office is up in the air. PBN PHOTO/WILLIAM HAMILTON

Hasbro departure will be a test for Providence commercial real estate

Once entertainment giant Hasbro Inc. leaves its 135,400-square-foot downtown Providence office building, it’s unlikely the city will ever attract another large company into the...
SHELF DISPLAY: Kelley McShane, right, co-owner of beverage manufacturer The Granny Squibb Co. LLC, with Tony Melo, who approves brands to put on the shelf, at Eastside Marketplace in Providence.
PBN PHOTO/MIKE SKORSKI

FADING FEARS: Despite lingering concerns, businesses regaining swagger

After weathering a year largely overcast by fears of a looming recession, business owners are feeling more buoyant as they look ahead despite lingering...

Cranston office building with cafeteria sells for $3.2M

CRANSTON – A 22,671-square-foot office building in Cranston recently sold for $3.2 million, according to MG Commercial Real Estate Services Inc., which closed the...
PARCEL 42 in the I-195 district is available again for development now that the proposal for the Fane Tower has been withdrawn, but what should go there? / COURTESY I-195 REDEVELOPMENT DISTRICT COMMISSION

With Fane Tower out, leaders mull over what should go on...

After years under contract with an out-of-state developer, Parcel 42 on the former Interstate 195 land in Providence is finally up for grabs again....
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