Cregan and Crecelius of Paramount Properties Group sell 13,800 s/f industrial building at 66 Albany Rd.
June 7, 2012 - Rhode Island
Daniel Cregan and Cris Crecelius of Paramount Properties Group, Inc. have sold the 13,800 s/f industrial building at 66 Albany Rd. to Part-Three LLC. Cregan and Crecelius represented the seller, International Machine & Tool Co. and procured the buyer in the $540,000 sale.
66 Albany Rd. is a pre-engineered metal building with 10,800 s/f of first floor office and warehouse space and 3,000 s/f of office and storage space on the second floor. The building, which is on .436 acres, is located off Jefferson Blvd. and has 13'-17' ceilings, 2 over-head loading doors and one loading dock. The buyer, an automobile paint supply company, will relocate to the building from a smaller leased facility also in Warwick.