Worcester, MA Southwest Properties, LLC of Sutton, Mass. has signed a long-term lease with Worcester’s first Dairy Queen Grill & Chill franchisee, Thebe Enterprises, LLC of Northborough, Mass. on a pad site at its retail plaza located at 725 Grafton St.
Drew Higgins of Kelleher & Sadowsky, Inc. and John Benoit of Vantage Point Retail, LLC co-brokered the 20-year lease. Construction has begun on the $1.3 million restaurant with a drive-thru, which is scheduled to open February 2019, according to Lenny Brescia, managing partner.
Brescia acquired the 40,000 s/f plaza with several thousand feet of vacancy and the vacant PAD site in 2013.
Since then, Brescia has filled the vacancies and has updated the look of the plaza with a new façade which was completed in 2017.
“We are thrilled to have DQ Grill & Chill as a new addition to our plaza and I am certain it will thrive in this location, as well as lead new customers to our existing tenants,” said Meghan Brescia, co-owner and partner.
Other tenants in the plaza include Family Dollar, Advance Auto Parts, H&B Liquors, Jay’s Smoke Shop and New England Home Furniture.
Southwest Properties, LLC also owns and manages other retail plazas in Worcester and Providence, Rhode Island
Randolph, MA Sterling Trust has sold its Sterling Plaza neighborhood retail site located at 45 Mazzeo Dr. to The Shops at Randolph, LLC. The property is home to several restaurants, including the West End Grill, The Well, Outback Steakhouse and It’s Game Time Sportsbar.