News: Rhode Island

Moore of Peter M. Scotti & Associates completes three sales totaling $1.475 million

Providence, RI James Moore of Peter M. Scotti & Associates, Inc. sold a commercial/retail property located at 250 Cranston St.  The sale price for this 17,000 s/f commercial building in the West End was $850,000.  The buyer, 1208 Holdings LLC, intends to convert the existing improvements to a retail store for a national credit retailer. Moore represented the seller, MAL Real Estate Holdings LLC in the transaction. 

Moore sold a commercial/retail property located at 819 Westminster St. in Hoyle Sq. of Providence’s West Side at the end of 2015 for $315,000.  This 17,000 s/f historic brick building will be converted to retail and performance space by the new owners, Cinematheque Holdings LLC.  Moore represented the seller, Robert Denise, in the transaction.    

 Moore also sold a commercial/industrial condominium located at 205 Hallene Rd. in Warwick, across the street from T.F. Green Airport for $310,000 in January.  The 8,050 s/f single-story masonry office warehouse condo will be upgraded to house a regional HVAC company corporate office and shop space.  Moore represented the buyer and seller, Rockland Trust Bank.

MORE FROM Rhode Island

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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