Middleborough Crossing was built in 1990 and is currently leased to 13 tenants, including the two anchor tenants--Victory Super Market and Ocean State Job Lot. Great Island Development plans to upgrade and redevelop the center.
Douvadjian emphasizes that this is "the type of story a local bank can interpret clearly and execute on, in many cases, better than the competition" and he adds that, "this deal is right up the middle for Great Island. With their leasing and redevelopment expertise, this asset will become increasingly attractive to a wider range of strong tenants."
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