JAR Enterprises, LLC Acquires Industrial Property In East Providence, RI For $2.1M

Located at 41 Commercial Way in East Providence, RI, this industrial property spans across 2.88 acres. The transaction took place on January 14, 2022, and the property was sold for a total of $2,155,000. With a total square footage of 25,280, the price per square foot amounted to $85. The buyer in this deal was JAR Enterprises, LLC, while the seller was Ballast Point Realty, LLC. Representing the parties involved in the transaction were Julie Freshman and Mike Giuttari of MG Commercial.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,155,000
• Address: 41 Commercial Way, East Providence, RI
• Market: East Providence, RI
• Acres: 2.88
• Buyer: JAR Enterprises, LLC
• Seller: Ballast Point Realty, LLC
• Broker: Julie Freshman & Mike Giuttari - MG Commercial
• Square Footage: 25,280
• Price per Square Foot: $85

Julie Freshman and Mike Giuttari, representing MG Commercial, played a pivotal role in facilitating this transaction. Their expertise and guidance helped ensure a successful deal between the buyer and the seller.