Sharon, MA—Capital Group Properties announced several retail leasing updates at Sharon Marketplace, a community-based retail plaza currently undergoing extensive exterior renovations located at 700 South Main Street in Sharon, MA.
The new tenants coming to Sharon Marketplace in late 2019 include Marathon Physical Therapy and TT Nails.
Shaw’s, KinderCare, Dunkin’ Donuts, and Citizens Bank will continue to serve the community with their respective leases renewed for locations at Sharon Marketplace, and Kumon is relocating and expanding in the Center.
“We have extensive experience renovating retail properties to bring new vitality to centers that are often a cornerstone for community members’ everyday shopping needs, and we’re thrilled to see the positive transformation taking place since our recent acquisition of Sharon Marketplace,” said Bill Depietri, President of Capital Group Properties. “We welcome both our new and existing tenants and look forward to welcoming Sharon area residents to the invigorated shopping experience this renovation will bring.”
Capital Group Properties acquired the Sharon Marketplace property in August 2018. Extensive exterior renovations began in late 2018 and are currently under way to enhance the retail experience with a new roof, new facade, new landscaping, new pylon, new signage and new lighting. It is anticipated this work will be complete by fall of 2019.
“As a long term tenant we are happy with the enhancements that the new owners have made to the plaza,” said Michael Cavallo, Franchisee of Dunkin’ Donuts located at Sharon Marketplace. “The building has new life and new businesses are going to follow. We hope the residents of the surrounding neighborhoods embrace the appearance and welcome the new businesses to the community.”
“Capital Group Properties is committed to making a positive contribution to the communities we serve by striving to bring best-in-class shops and services in high-demand to add variety and convenience for local shoppers—while promoting local economic development by creating jobs and new tax revenue to support schools and services,” said Depietri.
Capital Group Properties is a premier Southborough-based developer of numerous commercial developments in the area, including Northborough Crossing in Northborough, The Crossing at Whites Corner and Town center in Southborough and Maynard Crossing as well as many luxury residential communities throughout Southborough, Wellesley, Natick, Framingham and other MetroWest communities.