Bonica and Hotarek of Eastern Retail Properties sell 450,000 s/f for $38 million
Andrew Bonica and Michael Hotarek of Eastern Retail Properties, Inc. have sold the Rhode Island Mall for $38 million.
The buyer, RI Mall, LLC, a joint venture between Winstanley Enterprises, LLC and Surrey Equities, acquired the property from GLL a German pension fund.
Eastern Retail Properties exclusively represented the buyer and Cushman & Wakefield represented the seller. Eastern Retail Properties has been retained to lease the property.
Providence, RI JLL has been selected by Brown University Health (BUH) in Rhode Island to support the oversight and management of its combined Brown University Health real estate portfolio.