IPA Arranges $21.7 Million Sale of Stop & Shop-Anchored Shopping Center in Metro Providence

Pawtucket, R.I. — Institutional Property Advisors (IPA) has arranged the $21.7 million sale of Cottage Plaza, an 84,455-square-foot Stop & Shop-anchored retail center located four miles outside Providence in Pawtucket. James Koury, Dean Zang and David Crotts of IPA represented the seller and procured the buyer, Arnold Gumowitch of AAG Management Inc., in the transaction. Tenants at the center include Advance Auto Parts, Pawtucket Wine & Spirits, Sally Beauty Supply, Stop & Shop Gas, Wendy’s and Dunkin Donuts.