Newmark Brokers $18.7M Sale of Medical Office Building in East Greenwich, Rhode Island

by Taylor Williams

EAST GREENWICH, R.I. — Newmark has brokered the $18.7 million sale of Lifespan Ambulatory Care Center, a 48,307-square-foot medical office building located at 1454 S. County Trail in East Greenwich. Robert Griffin, Frank Nelson, Michael Greeley and Dominick Romano of Newmark, along with Matthew Fair of Hayes & Sherry, represented the seller, Albany Road Real Estate Partners, in the transaction. The team also procured the buyer, a partnership between Anchor Health Properties and The Carlyle Group. The building also houses cancer care and cardiology practices.

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