Out of the Box Ventures Scores First Investment in Rhode Island, Acquires Walnut Hill Plaza in Woonsocket

by | Jul 24, 2018 | Commercial Real Estate News

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Out of the Box Ventures Scores First Investment in Rhode Island, Acquires Walnut Hill Plaza in Woonsocket

Out of the Box Ventures, LLC made its first foray into Rhode Island with the purchase of Walnut Hill Plaza, a 297,905-square-foot shopping center located along the Diamond Hill commercial corridor in Woonsocket.

A subsidiary of Miami-based global real estate development firm Lionheart Capital, Out of the Box Ventures paid $5.7 million, or roughly $19 per square foot, to Torchlight Loan Services to acquire the shopping center, located at 1500 Diamond…

Article From: "Key Realty Commercial Real Estate News"   Read full article