News: Northern New England
Posted: October 6, 2017
Summit Realty Partners leases 55,089 s/f to Hobby Lobby
Tilton, NH Summit Realty Partners, Inc. completed a 55,089 s/f lease transaction with retail arts and crafts store, Hobby Lobby. The retail store, which prides itself on “super savings and super selections” opened for business in September. Hobby Lobby joins the shopping centers existing tenants: Staples, U.S. Cellular and Applebee’s. Nearby businesses include the Tanger Outlets, BJ’s, Market Basket, Kohls, Home Depot and many other well-known retail businesses.
Tilton Plaza is an 89,888 s/f shopping center located on Laconia Rd. Situated in the center of town, this plaza is highly visible with heavy vehicular traffic counts of nearly 25,000 +/- VPD. This center is located 35 miles north of Manchester, and attracts shoppers from the Lakes Region and central part of the state.
Summit Realty Partners represented the landlord, A&D Tilton Properties, LLC and CBRE represented the tenant in the transaction. Summit is marketing a 2,400 s/f proposed pad in the Hobby Lobby parking lot as available for lease.
Boasting over 25 years of experience, Summit Realty Partners is a full-service commercial real estate firm headquartered in Lexington, Mass.
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