NAI HUNNEMAN BROKERS $3.2 MILLION SHOPPING CENTER SALE IN R.I.

CRANSTON, R.I. — Boston-based NAI Hunneman has brokered the sale of a 113,000-square-foot shopping center in Cranston for $3.2 million. The building is situated on 9.6 acres at 1441 Elmwood Ave. The anchor tenant is a 35,800-square-foot PriceRite supermarket. The remaining space is vacant following the closing of National Wholesale Liquidators, which recently filed for bankruptcy. Robert Tito of NAI Hunneman and Jonathan Aron, formerly of NAI Hunneman, represented the seller, Cardinal Properties, and procured the buyer, OSJ of Cranston LLC.