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EQT Exeter: Emblem 125

EQT Exeter: Emblem 125

PROJECT BACKGROUND

Graffito SP is excited to announce its immediate expansion into the Providence, RI market.

This move has been spurred by a unique and innovative new partnership with EQT Exeter, a Philadelphia-based global real estate operator with a significant multifamily and retail footprint in Providence’s Jewelry District. Graffito will join the EQT Exeter team to lead the leasing, management and long-term success of its retail assets in and around the Jewelry District, specifically including 20,000 SF of ground floor space in Emblem 125, a 249-unit residential building at the heart of the district, neighboring Brown Medical School, Johnson & Wales University, and the Providence Performing Arts Center.

In addition, Graffito and EQT Exeter have joined forces in pursuit of Parcel 5, currently out for bid by the 195 District. Graffito will base its operations within CIC Providence, at 225 Dyer Street, a project Graffito worked on from 2017-2019.

SNAPSHOT

  • Partner : EQT Exeter
  • Neighborhood : Jewelry District, Providence
  • Address : 125 Clifford Street, Providence, RI 02903
  • Building Type(s) : Retail, Residential
  • Total Project Square Footage : 19,458 SF
  • Desired Uses : Food + Beverage, Cafe, Small Shops, Fitness, Appointment-Based Businesses
  • Status : Now Leasing!

SCOPE OF WORK

A unique long-term partnership whereby Graffito will lead all aspects of the retail development at 125 Emblem, ensuring long-term activation and viability and participate in the aligned economics of the project alongside EQT Exeter.

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Work with EQT Exeter on building needs, merchandising, and financial underwriting to determine success of the retail for long term business viability and economic success of the project
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Recruit and curate desirable tenant mix to match the needs of the residential portion of the building and the growing neighborhood at the nexus of the I-195 redevelopment
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Work with tenant businesses on creation of successful concepts, layouts, and design, and facilitate and manage the demising, design, and buildout of the space for maximum efficiency, tenant success, and streetfront activation
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Oversight of active tenants for success in space, physical and business needs, and business growth and adjustment opportunities

EMBLEM 125 LEASING OPPORTUNITIES

Check out currently available space at this development and learn more about the project!