Case Studies

The principals involvement in the projects depicted occurred prior to the formation of Grossman Development Group and are presented to show the principals collective experience in real estate development.

Queen Plaza

Southington, CT

Condition: Acquired existing shopping center with vacant Ames building
Strategy: Leased former Ames to Bed Bath & Beyond and Bob’s stores Extensive façade renovations

Freshwater-Stateline Plaza

Enfield, CT

Condition: Acquired existing shopping center with vacant Ames Building
Strategy: Leased former Ames to Dick’s Sporting Goods. Leased existing small store vacancies

Hannaford Plaza

Saratoga, New York

Condition: Acquired existing shopping center with vacant K-Mart Building
Strategy: Leased former K-Mart space to Kohl's and Tractor Supply Company

Waterbury Plaza

Waterbury, CT

Condition: Acquired existing shopping center with vacant Bradlees and existing Stop & Shop
Strategy: Demolished Bradlees and replaced with new Target store
Extensive façade and parking lot renovations
Added Stop & Shop Gas

Shaw's Supermarket

Wicasset, Maine

Condition: Acquired existing shopping center with freestanding Vacant Ames building
Strategy: Shaw’s acquired Ames lease in bankruptcy. Renegotiated lease with new 20 year term with a substantial rent increase.

Freshwater

Enfield, CT

Condition: Acquired existing shopping center with free- standing vacant Levitz Furniture
Strategy: Ground leased entire property to Costco

Enfield Commons

Enfield, CT

Condition: Acquired existing shopping center with vacant Bradlees building
Strategy: Leased Bradlees to Marshalls & Old Navy Added new outparcel and leased to Red Robin

Lowe's Home Improvement

Manchester, NH

Condition: Acquired existing manufacturing building
Strategy: Demolished building and replaced with Lowe’s Home Improvement

Highlands Plaza

Easton, MA

Condition:
Strategy: Ground up development project anchored by Hannaford Bros Supermarket, TJX and Target