Joint venture acquires Cowesett Corners shopping center in Warwick

DALLAS-BASED ENCORE ENTERPRISES, Inc. has finalized the acquisition of Cowesett Corners in Warwick, according to a May 7 press release./ COURTESY ENCORE ENTERPRISES

WARWICK – Dallas-based investment firm Encore Enterprises Inc. has finalized the acquisition of Cowesett Corners plaza in a recapitalization deal with the site’s current owner AmCap Management Holdings LLC. City real estate records list a purchase price of $27.75 million. Mike Nelson, president of Encore Commercial, said the grocery-anchored retail sector “has shown remarkable resilience over

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