Home Economy Economic Activity Insurer FM buys 10-story Memorial Blvd. building for $68.5M; expanding into Providence

Insurer FM buys 10-story Memorial Blvd. building for $68.5M; expanding into Providence

FM, THE GLOBAL COMMERCIAL property insurer based in Johnston, has purchased the office building at 10 Memorial Boulevard in Providence for $68.5 million. / PBN FILE PHOTO/CHRIS BERGENHEIM
FM, THE GLOBAL COMMERCIAL property insurer based in Johnston, has purchased the office building at 10 Memorial Boulevard in Providence for $68.5 million. / PBN FILE PHOTO/CHRIS BERGENHEIM

PROVIDENCE – FM, the global commercial property insurer based in Johnston, has purchased the 10-story office building at 10 Memorial Blvd. that overlooks Waterplace Park for $68.5 million and plans to expand operations into the city. Since its construction in 2006, the building’s main tenant has been International Gaming Technology PLC – which rebranded last

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