Sweeney Real Estate and Richards, Barry, Joyce broker $4.8m sale
PT Properties Holding LLC sold 110 Graham Dr.l to 158 Graham Drive RI LP for $4.8 million. The 140,000 s/f industrial facility on 18.32 acres of land, is currently occupied by MWV (formerly Polytop), a manufacturer of dispensing caps. The property is 100% leased to MWV under a long term lease.
The property is located in the Slaterville section of the town with access to R.I. Highway 146. Thomas Sweeney, SIOR of Sweeney Real Estate & Appraisal joined with Frank Petz and Christopher Skeffington of Richards, Barry, Joyce & Partners to represent the property and were the exclusive brokers.
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
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!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary