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Providence Business News is solely dedicated to serving the Rhode Island and southeastern Massachusetts business community.
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News
Vintage truck collector leases Smithfield warehouse to restore, display commercial vehicles
4+ day, 7+ hour ago (342+ words) SMITHFIELD – A vintage heavy-duty vehicle restoration company recently leased 7,200 square feet of industrial space at 27 Appian Way, according to Sweeney Real Estate & Appraisal, which represented the property owner. Zuba Brothers Antique Trucks LLC leased the industrial property as its place…...
Watch Hill waterfront home sells for $3.52M
4+ day, 7+ hour ago (291+ words) WESTERLY – A waterfront home on Pasadena Avenue in the town’s Watch Hill neighborhood has sold for $3.52 million, according to Residential Properties Ltd., which represented the buyer. The 5 Pasadena Ave. property is the third-highest single-family sale in Watch Hill so far…...
Cotality: R.I. home price index rises 3.64% year over year in July
4+ day, 16+ hour ago (92+ words) PROVIDENCE – The Rhode Island home price index increased 3.64% year over year in July, same as Maine and the second-highest growth rate in New England, according to Cotality. Rhode Island’s home sale price growth rate in July was well above the…...
MG Commercial Welcomes Jack Cordischi as Sales and Leasing Associate
2+ week, 5+ day ago (216+ words) PROVIDENCE, R.I. — August 26, 2026 — MG Commercial Real Estate is pleased to announce that Jack Cordischi has joined the firm as a Sales and Leasing Associate. Cordischi will work alongside MG Commercial’s experienced brokerage team on commercial real estate sales and leasing assignments…...
Median home price in R.I. rises to $525K in July
3+ week, 3+ day ago (89+ words) R.I.’s monthly median home price rises to $525K in July Providence Business News WARWICK – The median sale price of single-family homes in Rhode Island was $525,000 in July, 4% higher than a year ago, according to the Rhode Island Association of Realtors. Sales…...
Barrington home sells for $2.1M in Rumstick Point
3+ week, 4+ day ago (279+ words) BARRINGTON – A home in the Rumstick Point neighborhood has sold for $2.1 million, according to Compass Inc., which represented the sellers. The 9 Stone Tower Lane property is a 4,353-square-foot single-family home built in 1955 and set on approximately 0.88 acres, according to Compass…...
Warren condo sells for $1.24M, highest such sale in town since 2021
3+ week, 4+ day ago (360+ words) WARREN – A condominium in the Bagy Wrinkle Cove community recently sold for $1.24 million, making it the highest-priced condominium sale in the town since July 2021, according to Mott & Chace Sotheby’s International Realty, citing records kept by the Rhode Island Statewide Multiple…...
Five Questions With: Suzanne Silva
3+ week, 4+ day ago (113+ words) Providence Business News Suzanne Silva has served as the CEO of the Greater Providence Board of Realtors, Northern Rhode Island Board of Realtors and the Greater Providence Board’s CARE Charitable Foundation since 2018. With more than 30 years of association management experience,…...
East Side Providence home sale for $4.5M is city's highest since 2025
3+ week, 4+ day ago (228+ words) PROVIDENCE – A home on Providence’s East Side recently sold for $4.5 million, the highest residential sale in the city since September 2025, according to Residential Properties Ltd., citing records kept by the Rhode Island Statewide Multiple Listing Service. The 79 Clarendon Ave. property,…...
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
1+ mon, 16+ hour ago (587+ words) By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito Team Private Office Advisor | Engel & Völkers REALM Global Advisor www.DiSpiritoteam.com For much of the past five years, the Rhode Island real estate market rewarded almost every…...