News: Rhode Island
Posted: February 7, 2013
MG Commercial sells 50,000 s/f industrial facility for $1.275 million
Rhody Rug, Inc. purchased 9 Powder Hill Rd., located in the North Central Industrial Park. The facility consists of 50,000 s/f and is situated on 4.5 acres. Rhody Rug, Inc. manufactures braided rugs and relocated from Cumberland. The seller was S & A Realty Associates and the sale price was $1.275 million.
George Paskalis, SIOR and Larry Steingold of MG Commercial Real Estate represented the property and were the exclusive brokers.
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The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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