RISBJ Issue 4

Page 78

COMMERCIAL REAL ESTATE

COMMERCIAL NEWS PROPERTY SOLD! Butler Realty Group involved in two major commerical transactions. 47 Sandy Bottom Road, Coventry RI

Participants Broker: Jeffrey A. Butler Phone: 401-886-7800 Brokerage Co.: Butler Realty Group Co-Broker: Jack Braverman(401) 490-6444 Co-Brokerage Co.: Stone Tower Properties Landlord/Seller: Edward P. Flanagan Jr. Tenant/Buyer: V H Partners, LLC Type of Business: 26,000sq ft Multi Tenanted plaza, with ReMax Central, Legin Dance Studio, Anytime Fitness, Subway, Liberty Tax, a Karate School, and Salon. Porch & Patio Pool is vacating 5,200’ which is now available for lease, it is dividable down to 1,000 sq ft. The new owners plan on exterior renovation for the older section and have already begun working on parking lot, handicap access, and landscaping. 78

RISBJ | rhode island small business journal

2258 Post Road, Warwick RI

Participants Broker: Jeffrey A. Butler Phone: 401-886-7800 Brokerage Co.: Butler Realty Group Co-Broker: Don Morash (401) 732-0011 Co-Brokerage Co.: Abbott Properties Landlord/Seller: JAC York, LLC Tenant/Buyer: Caprice Realty, Inc. Type of Business: Porcaro & Associates, CPA, Greg Porcaro Principal Porcaro’s accounting firm and Advantage Payroll Services will occupy most of this 8,000’, 2 story signature building, with a full basement, that most recently housed Coldwell Banker Real Estate. It has prominent presence on Post Rd, and abuts the State Airport Property.


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