Unison Realty, Blue Vista Capital Buy Shopping Center in Rhode Island for $15.8M

by Amy Works

NORTH KINGSTOWN, R.I. — A joint venture between Unison Realty Partners and Blue Vista Capital Management has purchased Hunt River Commons, a shopping center located in North Kingstown, for $15.8 million. Anchored by Stop & Shop and Marshalls, the 147,270-square-foot property was 84 percent leased at the time of acquisition. Additional tenants include Planet Fitness, GNC and Citizen’s Bank. The shopping center was constructed in 1989. The Wilder Cos. will serve as property manager and leasing agent for the center. This acquisition is the first joint venture between Unison Realty Partners and Blue Vista Capital Management. Nat Heald of JLL brokered the acquisition.

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