Real Estate
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Rafaelian buys Belcourt Castle for $3.6M
Founder and designer of Cranston-based jewelry maker Alex and Ani LLC Carolyn Rafaelian has purchased Belcourt Castle in Newport for $3.6 million. more
| 11/12/12
EDC approves bonds for I-195 land, dredging project
The R.I. Economic Development Corporation Monday night approved issuing bonds to buy the former Interstate 195 land in Providence and dredge the channel leading to the Port of Davisville in North Kingstown. more
Vacancies decline in premium office space in first half of 2012
Downtown Providence office vacancies declined in the first half of 2012, leading to higher asking rents, but impending vacancies in large Class B buildings cast some uncertainty over the market, CB Richard Ellis New England said in its mid-year report. more
East Side properties sell for $5M
Walter L. Bronhard Real Estate has purchased five buildings on the East Side of Providence, most in the historic Benefit Street corridor, for just under $5 million. more
Home sales rise 5% in Bristol County, Mass.
Single-family home sales in Bristol County, Mass. rose 5 percent in July compared with the same period last year while prices remained flat, The Warren Group said Wednesday. more
Rhode Island Mall sold for $38M
Rhode Island Mall, which has been vacant since April 2011, has new owners: Winstanley Enterprises LLC of Concord, Mass. and New York-based Surrey Equities LLC. more
| 11/15/12
Transportation plan needed for I-195 land
The former Interstate-195 lands need a transportation plan as only seven of the 23 parcels slated for redevelopment there can accommodate a building with sufficient on-site parking, a consultant told the I-195 District Commission Monday. more
Tanyard Brook project breaks ground
The Tanyard Brook culvert project officially broke ground Monday at the Wood Street project site. more
QDC searches for terminal operator to expand port business
The Quonset Development Corporation issued a public Request for Proposals this week as they search for a qualified company to provide terminal services at the Port of Davisville. more
Developers show interest in shared nursing center
When voters head to the polls in November to decide whether the state will borrow $50 million to renovate three Rhode Island College buildings, some may suspect it means the end of plans for a shared nursing center with the University of Rhode Island. more

By Patrick Anderson
PBN Staff Writer | 10/8/12

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