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Image courtesy of Capital Group Properties
A Southborough real estate developer paid $12.35 million for its first Rhode Island acquisition in the 160,000-square-foot Warwick Center property.
Capital Group Properties plans to upgrade building facades, landscaping and parking at the property, which was previously owned by Nuveen.
Located near the junction of Interstates 95 and 295, the property includes a mix of national and regional tenants including Barnes & Noble, DSW, Edge Fitness, Ulta Beauty, Carrabba’s Italian Restaurant, and Walpole Outdoors.
Capital Group Properties is developer of mixed-use, commercial and residential developments including Maynard Crossing, Northborough Crossing, The Crossing at Whites Corner in Southborough, Oxford Crossing and Sharon Marketplace.
