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Owners Developers & Managers
Posted: February 19, 2015
Family Dollar renews 6,468 s/f lease at Stop & Shop Plaza, Medford - Property management is handled by 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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