Engel & Völkers Marks Entrance Into Rhode Island With New Shop

Luxury brokerage Engel & Völkers created its entrance in Rhode Island this week with the opening of a store in East Greenwich, the enterprise introduced Tuesday.

Led by license associates Emilio DiSpirito IV and Joseph Fazio, Engel & Völkers East Greenwich is centrally located in the condition and serves the marketplaces of East Greenwich, North Kingstown, Narragansett, Exeter, West Greenwich, South Kingstown, Warwick, East Providence, Pawtucket, Barrington, Bristol and Warren.

“Entering Rhode Island is a pretty crucial milestone within just our brand’s growth,” President and CEO of Engel & Völkers Americas Anthony Hitt mentioned in a statement.

“As we proceed to mature and reinforce our presence in the Northeast, Rhode Island features near proximity and quick obtain to New York Town and Boston, and nonetheless is located along 400 miles of coastline and seashores, providing a respite from city dwelling,” Hitt extra. “With its assortment of housing stock and restricted-knit communities, there’s genuinely an chance for everyone to locate their have slice of luxurious right here. With their dedication to consumer services, outstanding track report and neighborhood market knowledge, Emilio, Joseph and staff aligned with the Engel & Völkers model will offer an elevated level of authentic estate encounter to the area.”

Previously recognized as the DiSpirito Team, DiSpirito and Fazio’s corporation assisted far more than 160 households purchase and promote their homes in 2021, providing about $67 million in authentic estate and helping them getting some of the best 10 actual estate pros in the condition.

DiSpirito, Fazio and the rest of their workforce specialize in luxurious, ocean and waterfront attributes, as properly as second owners, relocation, armed forces veterans and new development.

With a true estate marketplace that involves Gilded Age mansions, grand estates, beachy bungalows and oceanfront cottages, among the other house varieties, the Rhode Island market is ripe for Engel & Völkers to make its entrance, a statement from the firm advised.

In addition to its historic properties, the region is also nicely-identified for its resort seashores, culinary scene, flourishing arts scene and as a hub for higher education.

“In getting to be a component of the Engel & Völkers network, we’ll be filling a expanding void in Rhode Island’s luxurious actual estate industry,” DiSpirito reported in a assertion.

“We will now be ready to give both of those customers and advisors a contemporary, unparalleled solution to the true estate encounter in this article that is underpinned by globe-renowned branding and marketing, and the capacity to join with an exclusive worldwide community of services-oriented authentic estate specialists,” DiSpirito extra. “Our goal has constantly been to give the most effective general experience for property consumers and sellers, and Engel & Völkers requires us to the upcoming level in providing on this mission.”

The news follows an announcement produced by the brokerage before this 7 days that Engel & Völkers has opened a store in St. Martin to provider both St. Martin and St. Barths.

Email Lillian Dickerson