Find Real Estate Agents and Homes for Sale


Real Estate News --> Rhode Island News

Value of commercial real estate sales grows 37%


PROVIDENCE – The value of Rhode Island commercial properties sold in 2015 increased 37.3 percent to $379 million, according to an annual report compiled by Capstone Properties. The increase was driven by large-asset sales, including the …


Archived Story

PROVIDENCE – The value of Rhode Island commercial properties sold in 2015 increased 37.3 percent to $379 million, according to an annual report compiled by Capstone Properties. The increase was driven by large-asset sales, including the Royal Mills apartments in West Warwick, which sold for $31.7 million, and the interior sections of the Rhode Island Mall, which sold for $9.5 million. if( $(window).width() >= 1200 ){ var bust = Math.floor(89999999*Math.random()+10000000); var millis = new Date().getTime(); var referrer = encodeURIComponent(document.location); // ========== THIS SECTION IS STOP AUTOMATIC REFRESH ========== document.write(''); // ========== THIS SECTION IS TO INCLUDE AN AUTOMATIC REFRESH EVERY 60 SECONDS ========== // document.writeln('); // document.writeln('); // document.writeln('); // document.writeln('); // document.writeln('); } Sales of apartment buildings, in particular, showed strength in 2015, with the number of closed units remaining flat, while the price-per-unit sold grew to $110,000, an increase from $82,000 the prior year, according to Capstone. Overall, 266 commercial real estate transactions closed in 2015, an increase of 6.8 percentThe total sales volume of $379 million was an increase from $276 million in 2014• Keywords Rhode Island, Providence, commercial real estate transactions, Capstone Properties, 31~08, Real estate Print Email Comment Tweet (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.0"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); lang: en_US --> Comments No comments on this story | Please log in to comment by clicking here Please log in or register to add your comment #comment_add { display: none; } Related Stories Popular Most Read 1. ProvPort looks for $20M bond to expand footprint along Allens Ave. 2 days ago 2. Brown receives $11.5M grant to launch Center for Biomedical Research Excellence Yesterday at 10:07 AM 3. Niche in new construction Friday, May 13 4. How much of a tax break do nonprofits deserve? Friday, May 27 5. Urban Greens Food Co-op launches community investment campaign Yesterday at 5:00 AM Latest News Local Provmetro sees 6% year-over-year construction job growth in April 11 hours ago House committee passes bill giving Burrillville residents ability to approve tax agreement for power plant 12 hours ago BLS: Jobless rate lower in Provmetro in April than a year earlier Yesterday at 1:23 PM More Local News » function latestnewstab(item){ $('.latestnewstab').removeClass('latestnewstab_selected'); $('.latestnewstab_'+item).addClass('latestnewstab_selected'); $('.latestnewsknub').hide(); $('.latestnewsknub_'+item).show(); $('.latestnewscontent').hide(); $('.latestnewscontent_'+item).fadeIn('fast'); } latestnewstab('local'); if (document.avp_ready && (!document.cookie || document.cookie.indexOf('shoutbox_hide') == -1)) { avp_zone({ base: 'adserver.pbn.com', type: 'banner', zid: 100, pid: 0, shoutbox: true, align: 'right', closeable: true, polite: true }); } Advanced Search » Advertisement if (document.avp_ready) { avp_zone({ base: 'adserver.pbn.com', type: 'banner', zid: 65, pid: 0 }); } Events PBN Hosted Calendar Only a few tables are availablePlease contact your account manager to make a reservation. Healthiest Employers ENROLLMENT NOW OPEN! PBN's Healthiest Employers in Rhode Island Program recogniz... 40 Under Forty PBN invites you to nominate someone you know for the most popular events for pro... Find out more about all PBN Events » JUN 2 "8 Minutes Energy Secret" presented by Lori DelFosse and Speaking of Success, LLC JUN 2 2016 Economic Outlook Luncheon JUN 2 RiTrees Spring Tree Stewards Eduction Course View Full Calendar » function eventstab(in_item){ $('.eventstab').removeClass('eventstab_selected'); $('#eventstab_'+in_item).addClass('eventstab_selected'); $('.eventsknub').hide(); $('#eventsknub_'+in_item).show(); $('.eventscontent').hide(); $('#eventscontent_'+in_item).fadeIn('fast'); } eventstab('hosted'); Latest News Local Provmetro sees 6% year-over-year construction job growth in April 11 hours ago House committee passes bill giving Burrillville residents ability to approve tax agreement for power plant 12 hours ago BLS: Jobless rate lower in Provmetro in April than a year earlier Yesterday at 1:23 PM More Local News » function latestnewstab(item){ $('.latestnewstab').removeClass('latestnewstab_selected'); $('.latestnewstab_'+item).addClass('latestnewstab_selected'); $('.latestnewsknub').hide(); $('.latestnewsknub_'+item).show(); $('.latestnewscontent').hide(); $('.latestnewscontent_'+item).fadeIn('fast'); } latestnewstab('local'); Advertisement if (document.avp_ready) { avp_zone({ base: 'adserver.pbn.com', type: 'banner', zid: 66, pid: 0 }); } if (document.avp_ready) { avp_zone({ base: 'adserver.pbn.com', type: 'banner', zid: 69, pid: 0 }); } Popular Most Read 1. ProvPort looks for $20M bond to expand footprint along Allens Ave. 2 days ago 2. Brown receives $11.5M grant to launch Center for Biomedical Research Excellence Yesterday at 10:07 AM 3. Niche in new construction Friday, May 13 4. How much of a tax break do nonprofits deserve? Friday, May 27 5. Urban Greens Food Co-op launches community investment campaign Yesterday at 5:00 AM PBN Lists Center Get the most up-to-date data on the Rhode Island and southern Massachusetts business community from the PBN List CenterDownload and purchase PBN Lists as well as the complete Book of Lists in Excel format. Learn more » Advertisement if (document.avp_ready) { avp_zone({ base: 'adserver.pbn.com', type: 'banner', zid: 4, pid: 0 }); } Popular Most Read 1. ProvPort looks for $20M bond to expand footprint along Allens Ave. 2 days ago 2. Brown receives $11.5M grant to launch Center for Biomedical Research Excellence Yesterday at 10:07 AM 3. Niche in new construction Friday, May 13 4. How much of a tax break do nonprofits deserve? Friday, May 27 5. Urban Greens Food Co-op launches community investment campaign Yesterday at 5:00 AM Press Releases » Robert DiColo named to Barron's Top 1,200 Advisors Robert DiColo named to Barron’s Top 1,200 Financial Advisors for 2016This is his seventh consecutive year on the Barron’s list. David R Reiser Named to barron's "Top 1,200 Financial Advisors" Tuesday, March 29 Polaris and TribalVision Provide first Market Smarter for Manufacturers Workshop Series to Rhode Island Tuesday, March 29 URI Graduate Students Offer Free Assistance to Local Businesses Thursday, March 3 See More » | Post a Press Release » Weekly Poll Should the state commit financial resources to help companies build new facilities outside the urban core communities? No, because investing in the urban core is a more efficient use of public resources Yes, because it supports private enterprises' investment in Rhode Island I don't know Results » (41 votes) | Comment » function story_poll_a4dc_vote(){ if( document.story_poll_a4dc.ready_to_submit.value ){ document.story_poll_a4dc.submit(); } } Media PBN Videos Sponsored 2016 Manufacturing Awards - Custom Design 2016 Manufacturing Awards - Life Wear Technologies 2016 Manufacturing Awards - John Hazen White Jr 2016 Manufacturing Awards - Agcore Technologies All PBN Videos » Sixcia’s Tips: Authentic cause-related marketing can support your brand Sixcia’s Tips: Connect your business to Latin American markets All Sponsored Videos » function videostab(in_item){ $('.videostab').removeClass('videostab_selected'); $('#videostab_'+in_item).addClass('videostab_selected'); $('.videosknub').hide(); $('#videosknub_'+in_item).show(); $('.videoscontent').hide(); $('#videoscontent_'+in_item).fadeIn('fast'); } videostab('hosted'); Stay Connected E-News Signup Select Edition(s) Your Daily Edition Health Care & Life Sciences Update Banking & Financial Services Update Technology Update Nonprofit Update 10 Things To Do This Weekend! Morning Call More Details » function enews_click(item){ if( $('.enews_checkbox_'+item).is(':checked') ){ $('#option_'+item).addClass('option_alwayson'); }else{ $('#option_'+item).removeClass('option_alwayson'); } }   Economy Economic Activity Entrepreneurship Government Hot Topics Natural Resources Social Welfare   Industries Business Services Capital Goods Financial Services Health Services Hospitality & Tourism Technology   People Education PBN Award Winners Personnel Workplace   Commentary Advice Cartoons Editorials Five Questions With: Op-Ed / Letters to the Editor This Week's Poll   What's Happening PBN Events Calendar Provmetro sees 6% year-over-year construction job growth in April: The Providence-Warwick-Fall River metrop..https://t.co/YjmYIvIigW 10 hours ago

Trending Rhode Island News:


  • Horowitz: Landing GE Demonstrates Raimondo’s National Profile is Good For RI
  • UHOP Looks to Consolidate Hold on 7th Street Block
  • Citizens Commercial Real Estate Team Announces Referral Agreement with PGIM Real Estate Finance
  • Compass Development : Takes Over Sales at The Carnegie Tower in Rhode Island
  • Change to Gay Marriage is Good for All Minnesotans
  • RI Designer Valentini Set to Launch New Product Line at RISD
  • Lardaro Report: RI Economy “Worse Than We Had Thought”
  • Appraisers told to be prepared for impact of sea levels rising
  • Rhode Island State House lawn eyed for development
  • Heir, 23, accused of murdering his millionaire grandfather, 87 and sinking the boat his mother was sailing on off Rhode Island could still get his $7million inheritance despite ...
  • Rhode Island House prepares to pass $8.9 billion budget
  • BlumShapiro to Open New Rhode Island Headquarters in Cranston
  • SPRING REAL ESTATE 2018: Upcoming housing events in Washington
  • Modular, 3-D printed homes among housing trends forecast for 2017
  • John McCain at odds with Trump over Russia
  • Opportunity Knocks in the Best Cities for Home Flippers
  • East Providence, RI Homes For Sale & Real Estate
  • Private Barrington retreat in an unparalleled natural setting
  • Governor Chafee Holds Financial Session With City and Town Leaders
  • Online slots real money - Gambling internet uk - Best online casino australians