McKinnon of The Grossman Companies, Inc. reps 469-471 Salem St. Trust in 2,300 s/f lease

The Hair Cuttery has renewed its 2,300 s/f lease at Medford's Foodmaster Plaza, 469 - 471 Salem St. (Rte. 60) on The Fellsway (Rte. 28), the popular retail center anchored by Johnny's Foodmaster Supermarket. The early renewal was prompted by Hair Cuttery's investment in upgrading their facility. Richard McKinnon, director of brokerage services at The Grossman Companies, Inc., the exclusive broker, represented the landlord, 469-471 Salem Street Trust, in negotiations. The tenant mix and the area's demographics and location combine to make the 81,000 s/f plaza highly attractive to retailers and shoppers alike. A quarter million people live within 3 miles of the property. McKinnon said up to 20,000 s/f will soon be available for lease at the plaza. Part of a national chain, the Hair Cuttery offers a full complement of services including haircuts, color, facial waxing and texturizing, plus a wide selection of professional products.