June 6, 2022 – Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Briarwood Plaza in Seekonk, Massachusetts. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $3,350,000.
The Briarwood Plaza is located at 1-56 Olney Street in Seekonk, Massachusetts. The Property is a two-building retail center that contains 32,400 square feet on a 6.21-acre corner parcel. The Olney Street Plaza is 100% leased to eighteen tenants and currently has no vacant suites. The Briarwood Plaza is improved by a complimentary mix of local tenants offering products and services for the surrounding community. The Briarwood Plaza is situated at the intersection of Olney Street and County Street in a quiet residential neighborhood. The Property enjoys outstanding frontage and visibility along both Olney Street and County Street and is 1.5-miles from Fall River Avenue (US Route 6), the areas primary retail corridor and Interstate 195. Seekonk is bordered to the west by the densely populated city of East Providence and is 7-miles from downtown Providence, RI.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.