NORTH ADAMS, Mass. — The former Kmart shopping plaza has changed hands again and the new owners are seeking tenants as "Parkade Plaza."
The 127,626 square-foot retail center was sold on June 4 for $2.6 million to Guru Realty LLC of Mendon, with listed managers Nitant Raval of Mendon and Chirag Patel of Dalton.
KeyPoint Partners of Burlington is handling property management and leasing, according to a press release received on Monday.
"There are number of opportunities in various sizes for a variety of uses: retail, entertainment, medical and health, personal service, and others," states Rob Grady, vice president of retail brokerage at KPP. "We're hoping to create a mix of local, regional, and national tenants that will reinvigorate the center and enhance the North Adams downtown area. We're open to all inquiries."
The more than seven-acre site on Main Street includes the L-shaped mall along Main and American Legion Drive and the former 93,000-square-foot Kmart building, which currently houses a Rent a Center and a Planet Fitness.
Extreme Model Railroad and Contemporary Architecture Museum, or EMRCA, which had been based in the corner of the L-shaped mall (where Sleepy's Mattress had been), moved out earlier this year. The offices had been empty of employees for months before and no one answers calls to the numbers listed on its outdated website.
First Hartford Realty, under then CEO Neil Ellis, purchased the property in 2005 after Kmart closed and gave it the rarely used name Steeple City Plaza. Over the years, it's also had a Staples, a Sears Hometown and an Olympia Sports. Ellis took over operation of the cinemas when previous owners ran into financial difficulties and pledged to keep them going; First Hartford also owned liquor store it opened in 2014. The L-shaped mall also has a Papa Gino's, a Label Shopper, Dollar Store, H&R Block and T-Mobile and there's a separate Burger King on the property.
Ellis has since retired and the plaza was sold to a realty company last year, then to DDM Property Group of West Springfield in February for $1.75 million.
Keypoint manages a number of shopping plazas throughout New England, including the Center at Lenox on Route 7 that has a Kohls, Marshalls and Market 32.
An informational flier for prospective tenants lists more than 70,000 square feet of space available: the former Kmart garden center, the cinemas, Peebles, the Sears Hometown space and the corner space of the L-shaped mall and two smaller adjacent spaces (one had been a nail salon).
If you would like to contribute information on this article, contact us at info@iberkshires.com.
Your Comments
iBerkshires.com welcomes critical, respectful dialogue. Name-calling, personal attacks, libel, slander or foul language is not allowed. All comments are reviewed before posting and will be deleted or edited as necessary.
No Comments
Berkshire County Homes Celebrating Holiday Cheer
By Breanna SteeleiBerkshires Staff
There's holiday cheer throughout the Berkshires this winter.
Many homeowners are showing their holiday spirit by decorating their houses. We asked for submissions so those in the community can check out these fanciful lights and decor when they're out.
We asked the homeowners questions on their decorations and why they like to light up their houses.
In Great Barrington, Matt Pevzner has decorated his house with many lights and even has a Facebook page dedicated to making sure others can see the holiday joy.
Located at 93 Brush Hill Road, there's more than 61,000 lights strewn across the yard decorating trees and reindeer and even a polar bear.
The Pevzner family started decorating in September by testing their hundreds of boxes of lights. He builds all of his own decorations like the star 10-foot star that shines done from 80-feet up, 10 10-foot trees, nine 5-foot trees, and even the sleigh, and more that he also uses a lift to make sure are perfect each year.
"I always decorated but I went big during COVID. I felt that people needed something positive and to bring joy and happiness to everyone," he wrote. "I strive to bring as much joy and happiness as I can during the holidays. I love it when I get a message about how much people enjoy it. I've received cards thanking me how much they enjoyed it and made them smile. That means a lot."
Pevzner starts thinking about next year's display immediately after they take it down after New Year's. He gets his ideas by asking on his Facebook page for people's favorite decorations. The Pevzner family encourages you to take a drive and see their decorations, which are lighted every night from 5 to 10.
In North Adams, the Wilson family decorates their house with fun inflatables and even a big Santa waving to those who pass by.
The Wilsons start decorating before Thanksgiving and started decorating once their daughter was born and have grown their decorations each year as she has grown. They love to decorate as they used to drive around to look at decorations when they were younger and hope to spread the same joy.
"I have always loved driving around looking at Christmas lights and decorations. It's incredible what people can achieve these days with their displays," they wrote.
The Wilsons' invite you to come and look at their display at 432 Church St. that's lit from 4:30 to 10:30 every night, though if it's really windy, the inflatables might not be up as the weather will be too harsh.
In Pittsfield, Travis and Shannon Dozier decorated their house for the first time this Christmas as they recently purchased their home on Faucett Lane. The two started decorating in November, and hope to bring joy to the community.
"If we put a smile on one child's face driving by, then our mission was accomplished," they said.
Many homeowners are showing their holiday spirit by decorating their houses. We asked for submissions so those in the community can check out these fanciful lights and decor when they're out.
click for more