Peter Scotti and Association sells 3.55 acres to Marshall Properties for $2.1m
Michael Kern and Peter Scotti of Peter M. Scotti and Associates sold the 3.55 acre site at 541 Smith St. (Rte. 44) for $2.1 million to Marshall Properties. The property, with 1,000 feet of frontage, is improved by a 25,000 s/f Valueland Supermarket.
Scotti and Assoc. represented the buyer and seller, Providence College, in the transaction.
The new owner intends on re-developing the property with a grocery store and one or more pad sites.
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.