Top Property Sales Recognized for Providence
By CoStar Research
Dan Waldman sells $ 10,500,000 apartment building in Providence.
As big ticket items involving sizable investments, commercial property transactions often have a wider impact within the local community. CoStar recognized the largest deals completed during the third quarter in their respective markets.
Here are the Providence property sales selected as the third quarter 2022 winners of the CoStar Power Broker Quarterly Deal Awards:
468 W. Fountain St., Providence, RI (CoStar)
Sale Price: $10,500,000
Sale Date: September 27, 2022
Size: 35,536 SF
Buyer: Unison Realty Partners, Boston, MA
Brokers Involved: Danny Waldman of Waldman & Associates represented both sides of the deal.
Deal Commentary: An entity listed as 468 West Fountain LLC sold a multiproperty portfolio of industrial, land and multifamily buildings to Unison West Fountain LLC. The sale price was $10.5 million and was one of the top deals of the quarter. The properties are all located in Providence. The portfolio totals more than 35,000 square feet and includes a piece of land that has yet to be developed. Unison is a Boston-based private real estate owner and operator that specializes in acquiring and repositioning neighborhood community centers that include large-scale retail tenants.