A joint venture partnership between ShopOne Centers REIT Inc., Pantheon, and a global institutional investor has acquired North Providence Marketplace, a 112,497-square-foot grocery-anchored shopping center in North Providence, Rhode Island. Located two miles north of downtown Providence and anchored by Shaw’s Supermarket the center is 88% occupied with national retailers such as Dollar Tree, Rainbow Clothing Store , H&R Block and Sally Beauty Supply.
Chris Reed Chief Investment Officer at ShopOne commented on the acquisition: “North Providence Marketplace has been catering to employees and students in the area for more than five decades now; we are thrilled to provide this community with an enjoyable shopping experience every time they visit.”
