Updated Sep 8, 2026
Ace Endico Corp Acquires 60 Acres Of Industrial Land In West Greenwich For $2.9M
839 Victory Highway
$2,900,000
Building Size
—
Asset Type
Industrial
Closing
Jul 17, 2026
About this deal
AI
60 acres of industrial-zoned land located at 839 Victory Highway in West Greenwich, RI, was sold for $2.9 million. The site offers I-95 frontage near Exit 14A, enhancing its accessibility and potential for future development.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Buyer: Ace Endico Corp
- Seller: Victory Highway Sol LLC
- Brokers: Chris Greenman & Neil Amper - Capstone Properties
Newmark represented the buyer, Ace Endico Corp, which intends to expand its New England food distribution operations from this property, indicating the strategic significance of the acquisition for the buyer.
On the Map
$2,900,000
Industrial
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Players
Victory Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93