Providence
Stop & Shop Slates 32 Underperforming Stores for Closure
Quincy, MA-based Stop & Shop, a unit of Ahold Delhaize USA, said Friday it would close 32 unperforming locations across… Read more
U.S. Multifamily Permits Down Nearly 30% from Pandemic Levels
Builders obtained permits to construct 13 multifamily housing units for every 10,000 people in the U.S. year to date, down… Read more
Fitch: Retail, Office Defaults Push CMBS Delinquencies Higher in May
Fitch Ratings said its overall U.S. CMBS delinquency rate increased nine basis points to 2.42% in May from 2.33% in April 2024 due… Read more
Self-Storage’s Next Frontier: Tertiary Markets
The self-storage sector is entering a stabilization phase after a decade-long building boom, marked by high demand and relatively limited… Read more
Newmark Closes Sale of The Beverly in Portland’s Hollywood District
Newmark closed the sale of The Beverly, a boutique mixed-use asset located in Portland’s Hollywood District. The property consists of… Read more
Uniqlo to Open First South Shore Store
Uniqlo is opening a new store at South Shore Plaza in Braintree, its first location south of Boston, Boston Business Journal reported.… Read more
MHT Adds Breeze Airways with Nonstop Service
Manchester-Boston Regional Airport (MHT) adds Breeze Airways to New Hampshire, offering nonstop service to Charleston, Orlando, and Fort Myers starting… Read more
Boston RE Investor Synergy Hires New SVP
Synergy, a real estate investor, operator, and manager based in Boston, has appointed Patrick DiGregorio as SVP of property management.… Read more
Cape Cod Bayside Resort Hotel Changes Hand
Bayside Yarmouth LLC, managed by Jamsan Hotel Management has acquired Bayside Resort Hotel, a 128-room property in West Yarmouth, Massachusetts.… Read more
JV Buys Rhode Island Shopping Center
A joint venture partnership between ShopOne Centers REIT Inc., Pantheon, and a global institutional investor has acquired North Providence Marketplace,… Read more
Ancora L&G Commences Construction on Rhode Island Life Science Building
Ancora L&G, a joint venture between Ancora and Legal & General Capital, has announced the commencement of construction on a… Read more
Rhode Island Mixed-Use MF Development Breaks Ground
Pennrose, in collaboration with the I-195 Redevelopment Commission and the City of Providence, has broken ground on Parcel 9 Phase… Read more
Rockland Trust Commercial Lending Team Adds Three New Lenders
Rockland Trust has added three new lenders to its commercial banking division. Claudius Zorokong has joined as a commercial loan… Read more
JLL Secures $17M Refi on Rhode Island Office/Industrial
JLL Capital Markets has arranged a $17.28 million refinancing for 1 Albion Rd., a two-building office and industrial property totaling 282,924… Read more
Bally’s Corporation Finalizes Two-Property Sale-Leaseback Deal for $635M Total Consideration
Providence, RI-based Bally’s Corporation has completed a deal with the operating partnership of Gaming & Leisure Properties, Inc. that involves… Read more
Lincoln Property Company, Stockbridge Start 177K-SF Industrial Development in Wrentham
Lincoln Property Company, in partnership with Stockbridge, has started construction on a speculative 176,800-square-foot warehouse at 404 Green Street in… Read more
$165M Life Science Development in Providence to House Labs for RIDOH, Brown
A new $165-million life sciences development in Rhode Island’s Innovation and Design District, funded in part by an $81.7-million grant… Read more
CRG Starts Construction on $100M, 1M-SF Industrial Facility in Douglas
CRG has broken ground on The Cubes at Gilboa, a 1.1-million-square-foot distribution facility being built on 83.8 acres at 123… Read more
Atlantic Management Secures $97M for Refi, New Build of Westborough Industrial Assets
Newmark has arranged $96.5 million in financing on behalf of Atlantic Management for two industrial assets that are located 35… Read more