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ECONOMIC CONCERNS: Panelists, from left, Kristen Urbach, Thomas O. Sweeney, Stefan Pryor, Mark K. W. Gim and Luke Ebersold discuss a variety of concerns at the PBN Economic Trends Summit while moderator Thomas Zitzouris looks on. / PBN PHOTO/MIKE SKORSKI

PBN summit panel: High business costs, education a concern in R.I.

The Rhode Island economy has come a long way since the dark days of the Great Recession, when the unemployment rate was among the...
PANELISTS DISCUSS the outlook for 2020 during Providence Business News' Economic Trends Summit at the Crowne Plaza Providence-Warwick on Thursday morning. The panelists included, from left, Kristin Urbach, North Kingstown Chamber of Commerce executive director; Thomas O. Sweeney, founder of Sweeney Real Estate & Appraisal; R.I. Commerce Secretary Stefan Pryor; Mark Gim, The Washington Trust Co. president and chief operating officer; Luke Ebersold, Rhode Island managing partner at blumshapiro; and Thomas Tzitzouris, Strategas Research Partners director. / PBN PHOTO/MIKE SKORSKI

PBN economic summit keynote: Recession not in the forecast

WARWICK – “There is no reason to suspect there will be a recession in the U.S. anytime soon,” said Thomas Tzitzouris, a Rhode Island...

Collection of apartment buildings sells for combined $6.5M

PAWTUCKET – Three multifamily investment properties were sold recently for a total of $6.5 million, consisting of seven buildings and 84 units. The properties were...

Doherty’s Ale House building sold, to become dog day care

WARWICK – The former Doherty’s Ale House building in Warwick has been sold and will be renovated and converted to a dog day care...

Marine life education entity purchases conference center in Exeter

EXETER – An entity that plans to produce environmental programs on marine life has purchased a property in Exeter most recently owned by the...

Five Questions With: Thomas Sweeney

Thomas Sweeney is the founder and owner of Sweeney Real Estate & Appraisal, of Providence. He spoke to the Providence Business News this week...

Industrial building sells for $625K in East Providence

EAST PROVIDENCE – A nearly 19,000-square-foot building in the city, off Wampanoag Trail, has sold for $625,000. The property at 37 Tripps Lane was purchased...

Northern Rhode Island office building sells for $780K

NORTH SMITHFIELD – An office building at 40 Old Louisquisset Pike in North Smithfield sold recently to Cavco Real Estate LLC for $780,000, according...
THIS INDUSTRIAL FLEX space at 333 Waterman Ave. in Smithfield was recently sold to a Connecticut firm by a holding company associated with Benny's. / COURTESY SWEENEY REAL ESTATE & APPRAISAL

Former Benny’s property in Smithfield sold

SMITHFIELD – A flexible space industrial building most recently owned by Benny’s has been sold to a Connecticut company, according to land records. Sweeney...
HIGH PRICES: Mike Giuttari, president of Providence-based commercial real estate brokerage firm MG Commercial, said because demand for commercial real estate is so high in the Greater Boston market and because the Rhode Island market is so close, contractors can charge high prices and if they don’t get them in the Ocean State, they can take their business to Boston. / PBN FILE PHOTO/RUPERT WHITELEY

After a strong 2018, signs of weakening in commercial real estate?

Living in the shadow of a giant can be difficult. Just ask those on the business end of Greater Providence’s commercial real estate market....
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