MILFORD, MA- Fafard Real Estate of Ashland, MA is in the process of finalizing leases on 20,000sf of retail space in its Milford, MA shopping center, located in the Granite Park Industrial Complex.

After recently leasing approximately 25,000 sf to Gold’s Gym of Milford, the additional leases will leave Fafard with no vacancies in the Granite Shopping Center. In addition to the retail space, Damian Kokenen of Fafard tells the nearby 83,273-sf building that formerly housed the Holmes Air Purifier Co. has recently been leased to S&M Moving Systems Inc., taking that building off the market.

The Holmes building had been vacant for six months when S&M took the location over. Kokenen tells that the only available space Fafard has in the area is an eight-acre site in Ashland located next to a Shaw’s Supermarket Plaza that is owned and managed by Fafard. He says that Fafard is not looking to develop that site but is instead interested in finding a buyer for the property. According to a source close to Fafard, the company is asking $3.2 million for the site and is willing to break it up into one-acre parcels.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.