April 09, 2008 -
Rhode Island
Long-term lease renewals at Kingstown Plaza on Rte. 1 (Post Rd.), keeping the 87,500 s/f plaza 100% occupied. The site is undergoing renovations.
One of the plaza's largest retailers, HomeGoods and Pier Pizza have renewed their leases according to broker Frank O'Neill who represented the tenants and the landlord, The Grossman Companies, Inc., based in Quincy, Mass., which also manages the property.
HomeGoods renewed their lease for 26,360 s/f. Pier Pizza, a tenant since 2003, renewed their lease for 1,000 s/f.
Long-time anchor tenants include TJ Maxx and Dollar Tree. Other tenants are Weight Watchers, The Talent Factory, Kool Kidz, Verizon Wireless, Sovereign Bank, Lucky Nails, Curves for Women, and Exotic Tans.
The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England.