News: Retail
Posted: May 20, 2009
Paramount Partners leases 29,151 s/f for WestRidge Realty Advisors
Andrew Bonica and Michael Alberico of Paramount Partners, LLC exclusively represented the landlord, WestRidge Realty Advisors, in the leasing of 29,151 s/f to Aldi Food Market and Dollar Tree. Cape Roads Crossing will be Aldi's first Massachusetts location and recently celebrated the store opening. Dollar Tree leased 10,000 s/f and relocated from a smaller store.
Aldi was represented by Tim McNamara and Kevin Daly of Sullivan & Hayes and Dollar Tree was represented by John Wise formerly of Strategic Retail Advisors.
With the addition of Aldi and Dollar Tree, Cape Roads Crossing has been transformed into the primary daily needs center in the trade area. Cape Roads Crossing is also home to Staples, Bed Bath & Beyond, and Bob's Stores to name a few. There is currently 24,000 s/f remaining.
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Quick Hits
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