340 Waterman Ave
Smithfield, RI 02917

340 Waterman Ave is a historic renovation of the former Benny's headquarters, also known as the Esmond Mills, near the North Providence town line. The project includes over 612,000 square feet of industrial and office space on 28.53 acres. 


Built in 1906 by former owner William H. Pope, the Esmond Mills has remained in working order. It previously operated as a textile mill, producing blankets and Bunny Esmond, the mill's official mascot featured in his books. Esmond Mills ceased operations in 1948 when Mine Safety took over the mill. Benny's founder Benjamin Bromberg purchased the property in 1965, transforming it into Benny's corporate headquarters. Benny's announced the closure of all 31 stores, including the headquarters, in September of 2017 after 93 years in business.


This well-appointed restoration exhibits the character and charm of the former mill's historic industrial architecture while also boasting modern upgrades in technology and amenities. Some of the many features in the buildings include vaulted ceilings, efficient floor plans, free parking, and windows with spectacular lines and copious volumes of natural light.


Industrial users will find amenities onsite, including loading docks and dedicated office spaces. Office users may discover a corporate headquarters opportunity with up to 157,530 square feet of contiguous space across multiple buildings. 
 

Commuting is a breeze with ample onsite parking, multiple access points throughout the development, and easy access to I-295, Route 44, and Downtown Providence.  
 

There's nothing quite like the changing leaves in Smithfield with its densely wooded streets and historic charm. This Rhode Island gem makes residents feel like they're in the countryside while still providing access to modern conveniences such as restaurants and shopping centers. Enjoy the outdoor beauty that makes Smithfield unique with its lakes, ponds, hiking trails, and community parks. Home to Bryant University, Smithfield offers a quaint college town vibe and a collection of small businesses.