FAMILY DOLLAR RENEWS 6,468 SF LEASE AT STOP & SHOP PLAZA IN MEDFORD

Family Dollar has renewed its lease for 6,468 square feet at Medford’s Stop & Shop Plaza at 469 – 471 Salem St. (Route 60) on The Fellsway (Route 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 square-foot 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.

The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on sales and leasing of commercial property throughout New England. For more information, contact Richard McKinnon at 617-472-2000 or via email: rich@grossmanco.com, or visit www.grossmanco.com.
- By Stanley Hurwitz

stanhurw@comcast.net