Family Dollar renews 6,468 s/f lease at Stop & Shop Plaza, Medford - Property management is handled by The Grossman Companies, Inc.

February 19, 2015 - Front Section

469 - 471 Salem Street - Medford, MA

Richard McKinnon, The Grossman Companies, Inc.

According to Richard McKinnon, director of brokerage services at The Grossman Companies, Inc., of Quincy, Family Dollar has renewed its lease for 6,468 s/f at Stop & Shop Plaza at 469 - 471 Salem St. (Rte. 60) on The Fellsway (Rte. 28). This renewal maintains the plaza's 100% occupancy. The plaza's tenant mix and the area's excellent demographics have helped to keep the 81,000 s/f retail plaza fully leased. Besides Family Dollar and anchor tenant Stop & Shop, other tenants include Rite Aid, MG Fitness, The Hair Cuttery, Alexander Liquors, and a Bank of America ATM. Property management is handled by Grossman Cos. A quarter million people live within 3 miles of the property.
Grossman Cos. offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England.
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