Rhode Island
NorthPoint Navigates Start on 750K-SF Distribution Facility in Windsor
NorthPoint Development will begin construction in June on a 750,000-square-foot logistics facility in Windsor, CT. JLL is the leasing agent… Read more
FoxRock Stocks Portfolio with 166K-SF Cold Storage Asset in Brattleboro
Quincy, MA-based FoxRock has acquired a 165,611-square-foot industrial building located at 90 Technology Drive in Brattleboro, VT. The property sits… Read more
Capital Group Finishes Shopping for Retail Complex in Providence
JLL has closed the sale of Warwick Center, a 160,000-square-foot regional shopping center in the Providence, RI community of Warwick.… Read more
Legacy Capital Ventures Spends $7M for Fully Leased MOB in Lincoln
Newmark has completed the $7.1-million sale of 701 George Washington Highway, a Class A medical/office building located in Lincoln, RI.… Read more
CBRE Appoints Michael Affronti as Executive Managing Director
CBRE has welcomed Michael Affronti as executive managing director for the company’s Greater Boston advisory services business, which includes leasing,… Read more
Standard Companies Secures $30M Multifamily Community in West Warwick
Cushman & Wakefield has arranged the sale of Tanglewood Village, a 176-unit multifamily asset in West Warwick, RI, for $29.6… Read more
Triple-Net-Leased BJ’s Wholesale Retail Building Trades in Attleboro
JLL has represented the seller in the sale of a 115,650-square-foot, single-tenant retail asset net leased to BJ’s Wholesale Club… Read more
FPA Multifamily Acquires $27M Apartment Community in Providence
Cushman & Wakefield has arranged the sale of Rising Sun Mills, a 135-unit multifamily community in Providence, RI. The final… Read more
BLVD Communities Starts $25M Rehab of Providence Affordable Housing Complex
BLVD Communities has undertaken a $25.3-million redevelopment of Braeburn and Chatham apartments, a 91-unit affordable housing community located in Providence,… Read more
Greystone Secures $15M Financing for Affordable Housing Community in RI
Greystone has provided a $14.9-million, HUD-insured loan to refinance a 116-unit affordable housing property in Westerly, RI. The transaction was… Read more
CVS Health to Invest $13M in Affordable Housing in Nashville
Woonsocket, RI-based CVS Health will invest $12.7 million to build 204 affordable housing units in Nashville’s Chestnut Hill neighborhood. The… Read more
Lument Closes $46M FHA Loan to Refinance Senior Housing Community in RI
Lument has closed a $45.9 million FHA Sec. 232/223(a)(7) loan to refinance Tockwotton on the Waterfront, a 156-unit seniors housing… Read more
Lincoln Property Company Affiliate Buys Peabody Industrial Facility for $43M
Brookwood Financial Partners, LLC, has sold 300 Jubilee Drive, a 163,067-square-foot industrial facility in Peabody, MA, for $43.2 million to… Read more
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
Senior Affordable Community in Pawtucket, RI, Acquired by Standard Communities
Standard Communities has acquired controlling ownership interest in Riverstone Apartments, a 103-unit senior affordable community in Pawtucket, RI. The price… Read more
JV Acquires 12-Asset MOB Portfolio Stretched along RI, MA for Reported $160M
A joint venture between Boston-based Bain Capital Real Estate and Evergreen Medical Properties have acquired a medical office building portfolio… Read more
CVS Health to Invest $8 Million in Affordable Housing in Tampa
Woonsocket, RI-based CVS Health will invest $7.7 million with Raymond James Tax Credits Funds to build a 61-unit multifamily in Tampa. The investment… Read more
CVS Plans 900 Store Closures, New Retail Formats
CVS Health said Thursday it would close 300 stores annually over the next three years as part of its strategic review of its retail business, starting… Read more
Bank RI Offers $8M to Refinance Woonsocket Affordable Housing Community
Bank Rhode Island’s commercial real estate division has provided $7.9 million to Cathedral Development Group, Inc., to refinance the Hanora… Read more