News: Rhode Island

Olympus Group and Cambridge Capital Advisors sell office complex for $7.65 million

Pawtucket, RI 1080 Main, an historic and totally refurbished 48,000 s/f brick office facility with parking on a 1.8 acre land site, has been purchased as a master-leased investment property for $7.65 million.

Located on the Pawtucket/East Side Providence line, the complex is occupied by an established combination of legal, governmental, and social services organizations.

Richard Amato,
Olympus Group Real Estate

 

Gregory Micallef, 
Olympus Group Real Estate

 

Richard Amato and Gregory Micallef, both broker principals of Olympus Group Real Estate, represented the selling entity, 1080 Main St., LLC.

Michael Scanio, managing partner of Cambridge Capital Advisors, represented the buying group, EVP 1080, LLC.

Financing was provided by Martha’s Vineyard Savings Bank.

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