April 07, 2011 -
Spotlights
One of the first Golf Town stores in the U.S. opened recently at The Crossing at Walkers Brook, maintaining the 475,000 s/f destination retail center's record of 100% occupancy.
According to Mark Dickinson, president of Dickinson Development of Quincy, developer of the center on Rte. 128/95, the 22,432 s/f long term lease is in the former Linen 'N Things location. The center was completed in two phases between 2004 and 2007.
Golf Town, also opening five other stores in Mass., was represented in lease negotiations by Peter Belsito of SRA Retail, while Dickinson was represented by Andy LaGrega, principal of The Wilder Companies, Boston.
"This long-term lease, consummated in a challenging economy, is noteworthy as it maintains Walkers Brook's full occupancy," said Dickinson. "Golf Town is a great addition to the center's exciting mix of retailers that attracts both local and regional shoppers. We are especially pleased that a highly successful retailer, new to the U.S., selected our center as one of their first locations."
Dickinson completed Phase I of the $90 million plaza on a former landfill during 2004-05. The award-winning development is anchored by Home Depot and Jordan's Furniture. Across the road, Dickinson completed a 69,000 s/f Stop & Shop supermarket in 2007 as part of the Walkers Brook development. The former landfill now brings millions of dollars in new tax revenue and hundreds of construction and permanent jobs to the area.
Dickinson recently completed a 97,000 s/f Market Basket supermarket at Riverside Landing in New Bedford and is starting Phase II, a restaurant, bank and retail building on 3.25 acres just off Rte. 195. He is also spearheading a $65 million residential/commercial development project on the Cochecho River in downtown Dover, N.H.