Albany Road Real Estate Partners Acquires 550,000 SF Industrial Facility In West Warwick For $39M | 1600 Division Road | Matthew (Matt) Sherry, Frank Petz, Rob Schlesinger | Industrial | Sale

Summary

Sale

RHODE ISLAND

Industrial

550,000 sqft

An industrial facility located at 1600 Division Rd in West Warwick, Rhode Island has been sold for $39 million. The property, situated on a 52-acre wooded campus, spans 550,000 square feet and was part of a transaction facilitated by Colliers International.

Summary of transaction details

Property Type: Industrial
Sale Price: $39,000,000
Square Footage: 550,000
Address: 1600 Division Rd, West Warwick, RI
Market: West Warwick, RI

The buyer of the property is Albany Road Real Estate Partners, represented by Christopher Knisley. The seller of the property is Brookwood Financial Partners LLC. The deal was facilitated by brokers Frank Petz, Matt Sherry, and Rob Schlesinger from Colliers International.

Players

All
4

Agents
3
Agencies
1

Matthew (Matt) Sherry

Managing Director

$991.9M Sold

Frank Petz

Managing Director Investment Sales

$981.4M Sold

Rob Schlesinger

Vice President

$208.6M Sold

Colliers International

Details

Deal Summary

SOLD

IMAGE: Frank Petz, Christopher Knisley & Matt Sherry DATE: 07/28/2023 ADDRESS: 1600 Division Rd MARKET: West Warwick, RI ASSET TYPE: Industrial ~ ACRES: 52 BUYER: Albany Road Real Estate Partners - Christopher Knisley SELLER: Brookwood Financial Partners LLC BROKERS: Frank Petz, Matt Sherry & Rob Schlesinger - Colliers International (@ColliersInternational) SALE PRICE: $39,000,000 SF: 550,000 ~ PPSF: $71 NOTE: Colliers facilitated the $39 million sale of 1600 Division Road, a 550,000-square-foot industrial facility on a 52-acre wooded campus in West Warwick, Rhode Island.

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Address1600 Division Road

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