A joint venture partnership between ShopOne Centers REIT Inc., Pantheon, and a global institutional investor has acquired North Providence Marketplace, a 112,497-square-foot grocery-anchored shopping center in North Providence, Rhode Island.
The shopping center is anchored by Shaw’s Supermarket and is located two miles north of downtown Providence. The center is 88% occupied and features a mix of national retailers, including Dollar Tree, Rainbow, H&R Block, and Sally Beauty Supply.
“North Providence Marketplace has catered to the high number of employees and students in the Providence market for more than five decades, and we are excited to provide this community with a clean, safe and enjoyable shopping environment each time they visit,” said Chris Reed, Chief Investment Officer at ShopOne.
The post JV Buys Rhode Island Shopping Center appeared first on Connect CRE.
A joint venture partnership between ShopOne Centers REIT Inc., Pantheon, and a global institutional investor has acquired North Providence Marketplace, a 112,497-square-foot grocery-anchored shopping center in North Providence, Rhode Island. The shopping center is anchored by Shaw’s Supermarket and is located two miles north of downtown Providence. The center is 88% occupied and features a …
The post JV Buys Rhode Island Shopping Center appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate