News: Owners Developers & Managers

Casey of Sweeney Real Estate & Appraisal sells flex building for $1.355m

Exeter, RI Kevin Casey of Sweeney Real Estate & Appraisal represented the sellers, 570 Nooseneck Hill LLC, in the sale of the 27,300 s/f flex building.

The site was built in 2004 and utilized for the sale and distribution of motorcycle accessories by Twisted Throttle. The building is on 5.85 acres and has over 275 lined parking spaces. The buyers, Allsource Power, LLC purchased the building for $1.355 million.

The seller’s agent, Casey said “We are very pleased to trade this site for above asking price, as well as conducting a sale/lease back.”

Twisted Throttle plans to continue occupying a portion of the building for a minimum of one year.

The buyers were represented by Wayne Ure of Ure Realty.

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