Family Dollar has renewed its lease for 6,468 s/f at Medford's Stop & Shop Plaza at 469 - 471 Salem St. (Rte. 60) on The Fellsway (Rte. 28). This renewal maintains the plaza's 100% occupancy.
The announcement was made by Richard McKinnon, director of brokerage services at The Grossman Companies, Inc., of Quincy. 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 The Grossman Companies. A quarter million people live within 3 miles of the property.