News: Rhode Island

Peter Scotti & Assoc. sells 160,000 s/f Slater Cotton Mill for $1.425m

Peter M. Scotti & Assoc., Inc. brokered the sale of the Slater Cotton Mill at 38 Church St. The mill contained 160,000 s/f on a 1.6 acre site. The 4 story, masonry structure was built in 1882 as a textile mill, but has most recently been utilized as a furniture warehouse. The buyer, Brady Sullivan Properties of Manchester, N.H. plans to convert the mill for residential use. The selling price was $1.425 million. Peter Scotti, MAI, said that, "the cooperation from the city of Pawtucket in finalizing the deal, especially the Pawtucket Planning Department was terrific".
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