THE PHILLIPSDALE LANDING INDUSTRIAL COMPLEX: Michael Giuttari, left, president of Providence-based MG Commercial Real Estate Services Inc., and MG Vice President Julie Freshman outside Phillipsdale Landing in East Providence, which recently sold for $8.3 million. / PBN PHOTO/MICHAEL SALERNO
(This article was originally posted in the Providence Business News on January 5, 2022. Please see the original article here.)
Phillipsdale Landing at 310 Bourne Ave in the Rumford neighborhood of East Providence was recently sold by Bourne Holdings LLC to Phillipsdale Holdings LLC for $8.3 million according to MG Commercial Real Estate Services who brokered the sale. The property was purchased by Bourne Holdings LLC seven years ago when the mill buildings were vacant. Bourne Holdings made electrical improvements, renovated tenant spaces, and installed new fire suppression sprinklers. The 328,623-square-foot property is now 100% occupied with a variety of businesses.