Tyco Fire facility sold to Chicago firm for $15M

THE TYCO FIRE & BUILDING PRODUCTS facility at 1467 Elmwood Ave. in Cranston was sold recently for nearly $15 million. Tyco Fire Products will stay in place under a long-term lease. / COURTESY CITY OF CRANSTON
CRANSTON – The Tyco Fire & Building Products property in Cranston, a historic fire suppression manufacturing, research and development facility, was recently sold for nearly $15 million but with a long-term lease that keeps the company in place, according to public records of the transaction. The 6.5-acre site at 1467 Elmwood Ave. was sold by…

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