NEW: Carpionato Group Announces Purchase of The Shops at Quonset

GoLocalProv Business Team

NEW: Carpionato Group Announces Purchase of The Shops at Quonset

Carpionato Group purchases the Shops at Quonset
The Carpionato Group has announced the purchase of The Shops at Quonset as their third major addition to their portfolio over the last ten months.

“Every day more than 11,000 people go to work at the Quonset Business Park, and this major commercial property represents a tremendous opportunity to provide enhanced and convenient shopping and dining options to an underserved marketplace. Given our extensive knowledge of the Rhode Island marketplace, and relationships with regional and national retailers and restaurants, we have a significant ability to cross-collaborate on this project with our work developing the former Benny’s locations in nearby East Greenwich, Wakefield, and Westerly as well as our redevelopment of the former Newport Grand property,” said Kelly Coates President of Carpionato Group. 

The Shops at Quonset

GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST

The Shops at Quonset is a 210,000 square foot retail development at the gateway to the Quonset Business Park in North Kingstown.

The site includes 166,000 square feet of existing retail space anchored by Dave’s Marketplace, Kohl’s, and Homegoods also includes 55,000 square feet of stand-alone building pad sites to be developed for retail and or restaurants.

The purchase of the Shops at Quonset Point does not include the property formerly occupied by Lowe’s.

Previous Purchases

This purchase follows the Carpionato’s purchase of the Newport Grand property back in April and the purchase of 29 former Benny’s locations in November of 2017.


Some of the Most Interesting GoLocal LIVE Interviews -- The First 1,000

Enjoy this post? Share it with others.