Claremont Market Place, Claremont, NH

GLA: 225,000 S/F

Major Tenants: K-Mart, Market Basket, CVS, Fashion Bug
KMC Realty Trust acquired this shopping center which was 50% vacant in 1993 with Irwin Barkan acting as Trustee on behalf of the trust. I.J. Barkan, Inc. negotiated the acquisition of a Grand Union supermarket lease and supervised the center's redevelopment. A 60,000 S/F Market Basket supermarket and 30,000 S/F of additional national tenants opened within twelve months of the acquisition. I.J. Barkan, Inc. acted as development agent, managing agent, and co-leasing agent.