FM buys IGT building in downtown Providence for $68.5M

By: Nancy Lavin

Outlets: Rhode Island Current

Published: February 19, 2026

Words: 443

Last Updated: 2 weeks, 5 days ago

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Johnston-based insurance giant FM announced Thursday that it is buying the downtown Providence building that houses the state’s lottery contractor formerly known as IGT, Fidelity Investments Inc. and The Capital Grille

The $68.5 million purchase of the 10-story glass and metal building overlooking the Providence Place mall and the Rhode Island State House is part of FM’s expansion plan, Randy Hodge, chief operating officer, said in a press release.

“FM has been proud to …

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