Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, announced the successful sale of a 21,570-square-foot industrial warehouse in Bristol, Rhode Island. The transaction was managed by Harrison Klein and Michael Grant from Marcus & Millichap's Boston office, who marketed the property on behalf of a private investor and secured the buyer, Playground Properties, a Colorado-based investor. The warehouse, located at 66 Tupelo St. in Bristol's industrial park, was built in 1986 and fully renovated in 2023, featuring modern upgrades such as a new roof, updated electrical systems, and a new wet sprinkler system. The facility is fully leased to a local manufacturer on a long-term basis. This sale highlights the ongoing strong demand for industrial properties in Rhode Island, driven by limited supply and high investment interest.
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