Scotti and Kern of Peter M. Scotti broker $1.55 million sale in Cranston
Peter M. Scotti and Associates completed the sale of 1150 New London Ave. to New London RE, LLC, a local investor. The 21,178 s/f office building was fully occupied at the time of sale. The property is located on Rte. 2.
The sale price for the property was $1.55 million. The seller, 1150, LLC was represented by Peter Scotti and Michael Kern, represented the purchaser.
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