Big property deal is indicator of interest in E.P. waterfront

HOT PROPERTY: 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 was listed for sale in August at $9 million.  / PBN PHOTO/MICHAEL SALERNO
HOT PROPERTY: 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 was listed for sale in August at $9 million. / PBN PHOTO/MICHAEL SALERNO
Sprawling expanses of land along the East Providence waterfront that were once used for heavy industrial purposes are now presenting new opportunities for commercial use. One large complex at the edge of the Seekonk River, symbolic of the industrial revolution that transformed the Phillipsdale section of the city in the 1800s, epitomizes the type of…

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