Brasswater Acquires Midland Commons Retail Center In Warwick Rhode Island For $20.5M

The property asset involved in the transaction is a retail power center located at 650 Bald Hill Road, Warwick, RI, with a total area of 160,448 square feet on 23.17 acres. The sale was completed for a transaction amount of $20,500,000, resulting in a price per square foot of $128 and a price per acre of $884,765.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $20,500,000
• Address: 650 Bald Hill Road
• Market: Warwick, RI
• Asset Size: 160,448 SF
• Acres: 23.17
• Price per SF: $128
• Price per Acre: $884,765

The deal was brokered by Atlantic Retail, with representatives including Justin Smith, Chris Peterson, Sam Koonce, Danielle Turpin, Stephen Joseph, Stephen Hassenflu, and Matt Ericson. The retail center is anchored by tenants such as Dick’s Sporting Goods, Burlington, and Planet Fitness.