MG Commercial Sells 108,000 SF Industrial Building for $5.8 Million

Paskalis and Mitchell of MG Commercial Sell 108,000 s/f Industrial Building

1/28/22, 12:08 PM NEREJ : The commercial real estate media source. 1/1

January 14, 2022 - Rhode Island

25 Fairmount Drive - East Providence, RI

East Providence, RI George Paskalis, SIOR, executive vice president and Leeds Mitchell IV, SIOR, executive vice president, of MG Commercial Real Estate completed the sale of 25 Fairmount Dr.

The 108,000 s/f fully air conditioned manufacturing/warehouse facility, is situated on 7.8 acres off of Watermand Ave. The facility is comprised of 18,710 s/f of office space with the balance 89,290 s/f as warehouse and/or manufacturing space, was sold to Westbrook Partners for $5.8 million.

Paskalis and Mitchell, represented the seller, 25 Fairmount LLC were the sole brokers in the transaction.

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