SEAVEST BREAKS GROUND ON $13.6M MEDICAL OFFICE BUILDING

WARWICK, R.I. — White Plains, N.Y.-based Seavest Inc. has broken ground on a $13.6 million, two-story medical office building at 455 Toll Gate Road in Warwick. The new 62,454-square-foot facility will house the ambulatory surgery center and physician offices of Kent Hospital, which part of the Care New England Health System. The owner of the facility, Seavest Properties III Healthcare Real Estate Fund, will lease the 0.76-acre site. The building is set for a summer 2012 opening.