–Leading investment sales firm represents the seller and procures buyer in the transaction in Providence, Rhode Island–
Newton, MA (February 7, 2024)- Northeast Private Client Group® (NEPCG) has announced the sale of Bell Tower Place, a multifamily investment property in Providence, RI.
Vice President, Investments Tim McGeary and Associate, Rick Welch represented the seller and procured the buyer in the transaction.
The 49-unit 32,250 square-foot multifamily property is located at 110 and 128 Dean Street and 18 Spruce Street in Providence, RI.
“Thanks to the seller’s turnkey operation of their beautiful new construction, and reconfiguration of the church building at Bell Tower Place we were able to draw interest from all over the Northeast region. Through our marketing and sales process, we were able to secure an out-of-state buyer in a 1031 exchange. I am appreciative to both sides for a smooth transaction.” -Tim McGeary, Vice President, Investments
Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1,200 successful transactions have been completed, totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.