News Summary
Jackson Caffrey of Sweeney Real Estate & Appraisal has finalized two important leases at Airport Plaza, Warwick. Fuzzy Fine Guitars and Black Dice Barber Shop will occupy new spaces, enhancing retail offerings and community services. This move is part of Warwick’s growing commercial activity, promising increased foot traffic and consumer choice in the area.
Warwick, RI – Jackson Caffrey, an agent from Sweeney Real Estate & Appraisal, has successfully completed two significant lease transactions at Airport Plaza, located at 1800 Post Rd., Warwick, Rhode Island. The new tenants, Fuzzy Fine Guitars and Black Dice Barber Shop, will occupy spaces of 1,875 square feet and 1,200 square feet respectively.
Caffrey represented both tenants in these transactions. The inclusion of Fuzzy Fine Guitars, a specialty guitar shop, is expected to enhance the plaza’s retail offerings, and the addition of Black Dice Barber Shop will provide further diversity in services available to local customers. Each of these businesses is positioned to attract a broad customer base, contributing to the vibrancy of the Plaza.
The leasing of these properties aligns with the ongoing development trends in Warwick, which has seen a gradual increase in commercial activity. With the current economic climate showing signs of recovery, the addition of these new tenants is anticipated to generate more foot traffic and support for existing businesses in Airport Plaza.
Details of Transactions
Fuzzy Fine Guitars has secured a retail space measuring 1,875 square feet, which will allow it to showcase a wide range of musical instruments and accessories. Meanwhile, Black Dice Barber Shop has leased a 1,200 square foot space, promising modern barbering services that cater to the local community’s grooming needs.
Support from The Discovery Group
In both transactions, Joe Mardo of The Discovery Group acted as the representative for Airport Plaza, facilitating the lease agreements smoothly and ensuring that the interests of the property were well managed during the process. The involvement of a dedicated group like The Discovery Group exemplifies the collaborative efforts in commercial real estate transactions, ultimately benefiting all parties involved.
Implications for Airport Plaza
The addition of Fuzzy Fine Guitars and Black Dice Barber Shop is seen as a positive development for Airport Plaza. Retail spaces are vital for attracting consumers, and by incorporating a music store and a barber shop, the plaza is diversifying its appeal. This strategic move is likely to draw both enthusiasts and everyday consumers, promoting a lively shopping environment.
Warwick’s Business Landscape
The recent lease transactions at Airport Plaza reflect a broader trend of revitalization in Warwick’s business environment. The city’s location and infrastructure offer significant advantages for retail and service businesses, making it an attractive destination for new enterprises. This addition also represents confidence in the local economy, as businesses continue to invest in the area.
By securing these leases, both Caffrey and the tenants are contributing to Warwick’s ongoing development. The changes in Airport Plaza not only benefit the tenants and property owners but also enhance the choices available for consumers in the community.
As Warwick continues to grow and attract new businesses, the successful negotiations by Jackson Caffrey and Joe Mardo indicate a promising future for retail development within the region. The new tenants are expected to commence operations shortly, with positive impacts anticipated for the local economy.
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Additional Resources
- New England Real Estate Journal
- Turn to 10 News
- Providence Journal
- GoLocalProv
- Warwick Online
- Wikipedia: Rhode Island
