East Providence industrial property sells for $1.8M

THE NEARLY 32,000-square-foot building at 22 Almeida Ave. in East Providence will become the new Rhode Island offices for Independent Pipe & Supply Corp. / COURTESY SWEENEY REAL ESTATE & APPRAISAL

EAST PROVIDENCE – A nearly 32,000-square-foot industrial building at 22 Almeida Ave. has been sold to 22 Almeida Ave. LLC for $1.8 million, according to Sweeney Real Estate & Appraisal, which represented the sellers.

The property will be occupied by the current tenant, Wood’s Heating Service, until the spring. At that point the new owners – Independent Pipe & Supply Corp. – will move in and establish their Rhode Island offices at the location.

The buyers were represented by Rodman Real Estate.

Mary MacDonald is a staff writer for the PBN. Contact her at MacDonald@PBN.com.

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