SUMMIT REALTY PARTNERS LEASES A TOTAL OF 5,000 +/- SF TO TWO NATIONAL TENANTS IN KEENE, NH
Keene, New Hampshire, May 8, 2017- Summit Realty Partners, Inc. is pleased to announce the completion of new lease transactions with Kay Jewelers and Yankee Candle at Monadnock Marketplace in Keene, NH. A new lease was executed with Kay Jewelers for a 3,000 +/- sf location and with Yankee Candle for a 2,000 +/- sf location. Both are expected to open in late 2017/early 2018. Chris McMahon represented the Landlord, KEENE MZL LLC in the transaction.
Monadnock Marketplace is a 504,873 +/- square foot grocery anchored power center located in a densely populated area. Monadnock Marketplace is anchored by Price Chopper Supermarket, Home Depot, Target, and Dick’s Sporting Goods. These businesses drive significant traffic volume to this property each day. Monadnock Marketplace is also located at the major intersection of Ash Brook Road and Routes 9,10, and 12 in the heart of the regions primary retail market.
There is currently 1,500 +/- sf to 9,900 +/- sf available for lease at the shopping center including up to 5,416 +/- sf at the new small shop retail building at the entrance to the center. This small shop building (1,500 to 5,416 +/- sf) includes outdoor patio seating for prospective restaurant tenants. The new lease transactions with Kay Jewelers and Yankee Candle, along with the strong retail composition Monadnock Marketplace contributes to the overall desirability of Monadnock Marketplace shopping center which boasts a wide variety of national, regional and local tenants.