Saletin Real Estate Group acquires
300,000 s/f Walnut Hill Plaza

February 14, 2025 - Rhode Island

Woonsocket, RI Saletin Real Estate Group acquired Walnut Hill Plaza.

Located at the corner of Diamond Hill and Mendon Rds., Walnut Hill Plaza consists of 300,000 s/f on 23 acres.

Saletin Real Estate Group has a record of revitalizing retail centers, mixed-use properties, and office parks throughout Southern New England.

According to previously published reports, the property was purchased for $6.3 million from Walnut Hill Holdings LLC.

Cris Crecelius

“As we embark on this new chapter for Walnut Hill Plaza, we recognize the deep historical significance this property holds within the Woonsocket community,” said Cris Crecelius, principal of Saletin Real Estate Group. “Our mission is to honor that legacy while reimagining the plaza’s potential as a modern, vibrant, and engaging retail and lifestyle destination.”

Working in collaboration with city officials and planners, Saletin’s vision for Walnut Hill Plaza includes attracting a diverse mix of retailers, services, and dining establishments while implementing property improvements and aesthetic upgrades to enhance the overall visitor experience.

With 40 years of experience in transforming retail spaces into thriving community hubs, Saletin is committed to reinvigorating this historic shopping destination and strengthening its role as a cornerstone of the local economy.

The plaza’s history is woven into the fabric of the community, with landmarks such as the McCarthy Clock. Originally a fixture of the McCarthy Dry Goods Store, this timepiece has symbolized the city’s commercial vibrancy for generations and remains a cherished element of local heritage. 

With an emphasis on community engagement, strategic tenant curation, and thoughtful property enhancements, Saletin’s approach ensures that retail centers remain dynamic and responsive to the needs of the communities they serve.

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