News: Rhode Island

Amper and Greenman of Capstone Properties broker $3.1 million sale of a 66,016 s/f industrial building located at 1 Energy Way

1 Energy Way - West Warwick, R.I.

West Warwick, RI Neil Amper, SIOR and Chris Greenman of Capstone Properties have facilitated a $3.1 million sales transaction of a 66,016 s/f industrial building located at 1 Energy Way.

The building was owned by Dryvit Inc. a division of Tremco CPG, a construction supply company.

The building is a mixture of warehouse, manufacturing, R&D and office spaces.

The property generated multiple offers and traded at $350,000 above the asking price.

The purchaser was Sansin Corp., a manufacturer of stains from Canada.

Amper and Greenman represented the seller and procured the buyer.

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