Larken Associates, a Branchburg-based commercial and residential real estate company, announced on Wednesday it has negotiated a new lease for Dollar Tree in Springfield.
Dollar Tree, a national discount retailer, offers a diverse selection of housewares, glassware, cleaning supplies, food, health and beauty, toys, gifts, books, décor and more all for $1 or less.
The 12,680-square-foot store will be located within the Echo Plaza Shopping Center at 901 Mountain Ave. The plaza is a 66,567-square-foot community retail center with frontage along Route 22 and Mountain Ave. The center also includes Larken’s Echo Executive Plaza, a 41,000-square-foot Class A office building.
This is the third Dollar Tree location within Larken’s portfolio, it said.
“Our longstanding relationships with Dollar Tree as well as with other national retailers is not only a testament to our high-quality and well-located retail inventory across the East Coast but also a direct result of our team’s property management expertise,” said Victor Kelly, Executive Vice President of Raider Realty, the in-house brokerage division of Larken Associates. “We are pleased to welcome Dollar Tree to Echo Plaza Shopping Center and look forward to continuing to build upon our successful relationship.”
RJ Brunelli & Co. Inc. represented Family Dollar and Jeffery Realty Inc. represented Larken Associates in the deal.
