Jeff Allaire of Century 21 Commonwealth Commercial represented the landlord, South Main Plaza, LLC in a 10,000 s/f lease at 146 South Main St. Cheri McCutchen of ERA Key Realty represented the tenant. The new tenant, The Blessing Barn is expanding their operation and moving from a smaller space nearby. The Blessing Barn is a donation based thrift store operated by Compassion New England. All proceeds are used to serve the community by providing a variety of services including but not limited to: free GED classes, fuel assistance, clothing, food, ESL classes, infant and children's services.
South Main Plaza is a 77,388 s/f retail center offering a mix of co-tenants in the retail, restaurant, and services industries.
Also, Allaire recently represented the seller in the sale of a mixed use 12 unit building at 130 Main St. in Woonsocket, R.I. The Kresge Building featured 3 retail units on the first floor with 9 upscale apartments upstairs. Bill Hermistone and Roy Carlin of New World Realty represented the buyer, AMBA Capital Group, Inc in the acquisition. This turn key property was fully rented at the time of the sale, with a monthly gross income of $8,500 per month. The sale price and the seller were not disclosed.