Marcus & Millichap Brokers Sale of Renovated Industrial Warehouse in Bristol, RI to Colorado Investor

Reuters

2025/06/21

Marcus & Millichap Brokers Sale of Renovated Industrial Warehouse in Bristol, RI to Colorado Investor

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.

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The transaction was managed by Harrison Klein and Michael Grant from Marcus &amp; 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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus &amp; Millichap Inc. published the original content used to generate this news brief on June 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B19Z6F94.USD","symbol_name":"Legg Mason Royce - US Smaller Companies A Acc USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250620:nNDLkYx9V:1","article_id":"2545105195","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545105195","pubTimestamp":1750461593,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"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. 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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.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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