News & Transactions
June 11, 2018
Hayes & Sherry/Mott & Chace Sell 321 South Main Street
HAYES & SHERRY/MOTT & CHACE SELL
321 SOUTH MAIN STREET IN PROVIDENCE
Granoff Associates has sold the building known as The Heritage Building located at 321 South Main Street in Providence. The Buyer is 321 SMS Partners from Providence. The building, which is a 7-story, brick office building and garage are 84,000 SF in total located on South Main Street.
The building has direct southern views of Narragansett Bay and the Seekonk River. The new walking bridge, which is currently under construction and connects The Jewelry District to South Water Street, will be immediately accessible to all tenants of 321 South Main Street. 321 SMS Partners is planning a complete renovation of the property.
Granoff Associates, one of the city’s largest investors, will continue to operate their remaining real estate portfolio in Providence.
Karl Sherry and Matt Fair of Hayes & Sherry, a Cushman & Wakefield Alliance Member, represented Granoff Associates. Michael J. Sweeney of Mott & Chace Sotheby’s International Realty represented SMS Partners.