CBRE Brokers $3.4M Sale of Office Building in East Providence, Rhode Island

by David Cohen

EAST PROVIDENCE, R.I. — CBRE New England has brokered the $3.4 million sale of a single-story, 50,664-square-foot office building in East Providence. Located on nearly eight acres at 20 Risho Ave., the property includes 283 parking spaces. John Cregan of CBRE represented the seller, the Maurice Mizrahi and Sophie Mizrahi Trust, in the transaction. Fox Paw Properties purchased the property. Currently two tenants occupy 13,164 square feet at the building. The buyer plans to renovate the property and occupy the remaining space.

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