GE Renewables
**FOR IMMEDIATE RELEASE**
### GE Renewable Energy Leases Space in Historic Greenwich Mills Complex, East Greenwich
EAST GREENWICH, RI—In a significant development for the local commercial real estate market, GE Renewable Energy, a prominent subsidiary of General Electric Co., has leased 3,723-square-foot office space within the historic Greenwich Mills complex. Sweeney Real Estate & Appraisal, representing the property's landlords in the leasing transaction, facilitated this strategic move.
Greenwich Mills, known for its rich historical background and prime location near the Warwick town line, encompasses over 100,000 square feet of versatile office and retail space. The newly leased space by GE Renewable Energy is on the second floor of Building two at 42 Ladd Street, offering potential for innovative and sustainable business practices within the revitalized structure.
With its headquarters in Paris and established following GE's acquisition of Alstom SA's wind power assets in 2015, GE Renewable Energy is a leader in the renewable energy sector. The company boasts the installation of over 400 gigawatts of clean, renewable energy worldwide and has significantly contributed to the development of grid solutions with its advanced hydropower, onshore wind, and offshore wind technologies. Notably, GE Renewable Energy is the supplier of the GE Haliade-X turbines for the Vineyard Wind project, underscoring its commitment to sustainable energy solutions.
The Greenwich Mills complex, with its breathtaking views of Narragansett Bay and Greenwich Bay, carries a historical legacy dating back to the 1800s. Initially serving the textile industry, the complex has undergone a remarkable transformation into a high-end commercial hub under the ownership of P&A Realty and Gem Investments since 2004. Recognized on the National Register of Historic Places in 2005, the complex now hosts a diverse array of tenants, including Hill & Harbour Tile, Volt Server, and many more, contributing to the vibrant business ecosystem of East Greenwich.
This leasing agreement underscores GE Renewable Energy's dedication to fostering renewable energy initiatives and marks a new chapter in the storied history of the Greenwich Mills complex. While the lease terms remain undisclosed, this collaboration between a global renewable energy powerhouse and a historically significant commercial complex promises to inspire further regional development and innovation.
Thomas O. Sweeney and Christina Rouse of Sweeney Real Estate expressed their enthusiasm about representing the landlords in this transaction, highlighting the synergy between GE Renewable Energy's forward-thinking mission and Greenwich Mills' historic essence.
For more information on the Greenwich Mills complex and its tenants, please visit [Greenwich Mills Website].
**Contact:**
Thomas O. Sweeney / Christina Rouse
Sweeney Real Estate & Appraisal
[Contact Information]
**About GE Renewable Energy:**
GE Renewable Energy, a subsidiary of General Electric Co., is a world leader in renewable energy technology, providing advanced solutions for hydropower, onshore wind, offshore wind, and grid connectivity. For more information, visit [GE Renewable Energy Website].
**About Greenwich Mills:**
The Greenwich Mills complex, a historic mill dating back to the 1800s, has been transformed into a premier commercial center housing diverse businesses and artists. Situated in East Greenwich, RI, the complex offers unique spaces with stunning views of Narragansett Bay and Greenwich Bay. For more information, visit [Greenwich Mills Website].
*End of Release*