News: Front Section
Posted: May 19, 2011
McKinnon of The Grossman Companies, Inc. brokers 29,615 s/f lease renewal to T.J. Maxx
T.J. Maxx, the anchor store at Quincy Granite Place has renewed its lease for 29,615 s/f. The clothing store was an original tenant when the plaza opened in 2000.
Lease negotiations were handled by Richard McKinnon, broker for The Grossman Companies, Inc., who represented the landlord, 126 Granite Street Trust. The plaza, which continues to be 100% leased, is managed by Grossman.
Anchored by T.J. Maxx, the 61,400 s/f retail center is also home to iParty, Dress Barn, Olympia Sports, Papa Gino's, Boston Market and Dunkin Donuts. The shopping center is located at the intersection of Granite St. and Burgin Pkwy.
The plaza accommodates a high-density residential population and a daytime office population as it is close to Crown Colony Office Park and several other office complexes. It is a block from downtown.
TJ. Maxx (www.TJX.com) operates over 900 stores nationwide and sells discounted brand-name family apparel, home fashions, beauty aids, jewelry and accessories.
Based in Quincy, Mass., The Grossman Companies, Inc., offers a full range of brokerage services, with a focus on leasing and sales of commercial property throughout New England.
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