Cregan and Crecelius of Paramount Properties Group sell 13,800 s/f industrial building at 66 Albany Rd.
Daniel Cregan and Cris Crecelius of Paramount Properties Group, Inc. have sold the 13,800 s/f industrial building at 66 Albany Rd. to Part-Three LLC. Cregan and Crecelius represented the seller, International Machine & Tool Co. and procured the buyer in the $540,000 sale.
66 Albany Rd. is a pre-engineered metal building with 10,800 s/f of first floor office and warehouse space and 3,000 s/f of office and storage space on the second floor. The building, which is on .436 acres, is located off Jefferson Blvd. and has 13'-17' ceilings, 2 over-head loading doors and one loading dock. The buyer, an automobile paint supply company, will relocate to the building from a smaller leased facility also in Warwick.
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.