News: Rhode Island

Link Comm'l. Props. acquires 10,800 s/f Rite Aid property

Link Commercial Properties, LLC (LCP) acquired a 10,800 s/f retail investment property at 1080 Bald Hill Rd. for $2.78 million. The tenant, Rite Aid, has a 20 year lease thru 2028. Bill Schofield and Robert Merryman of Marcus & Millichap's San Francisco office represented the seller, ACV Skyline Pacific Properties LLC. Lori Marchetti of LCP negotiated the transaction for the buyer.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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