Development
Saletin Real Estate Group is a full-service commercial real estate developer that specializes in ground-up development and redevelopment/repositioning of retail shopping centers, office parks and urban mixed-use properties throughout Southern New England. Saletin Real Estate Group specifically targets suburban well located developed or undeveloped land sites suitable for retail shopping center development and urban infill sites suitable for office or mixed-use development.
Additionally, the Company has over thirty years experience with “value-added” development through the redevelopment/ repositioning of retail, office and mixed-use properties. Whether through major capital improvements, leasing, marketing and re-branding, improved property management and operations or a combination of all. Saletin Real Estate Group is a leader in taking vacant or struggling assets and creating value through repositioning.
SREG is always interested in strategic joint ventures with individuals and/or corporations and provides development consulting services including:
Site Selection
Financial/ Proforma Modeling and Implementation
Feasibility Analysis
Selection of Development Team
Entitlements
Development and Construction Budgeting
Project Management
Brokerage & Marketing
Case Study: Forbes Crossing
Before
Previously “Foxfield Plaza,” this shopping center was an eyesore between two highly trafficked roads on the Foxborough/Mansfield line. Situated so closely to two large business parks and moments from Gilette Stadium, Foxfield Plaza lacked luster with its tired buildings and non-existent landscaping. Because of the existing parking, site design and grading, the property became a passthrough for speedy vehicular traffic and presented a real danger to pedestrians.
After
Through a responsible redevelopment plan, Forbes Crossing has become a place to meet, dine, relax and entertain. With a mix of classic and updated New England-style architecture, and unobstructed visibility from three state roads, Forbes Crossing is master-planned to provide favorable accessibility while its "Main Street" style encourages safety. A new $1-million round-about eases traffic flow into the center from Route 140 and Foxborough Blvd., while a second entrance from Central Street increases access.
The development features a renovated 46,700 s.f. retail strip with tenant space ranging from 2,000 s.f. to 5,730 s.f., as well as a 26,000 s.f. junior anchor. An all new three-story hotel and three pad sites (two with drive-thus by right) round out the rest of the development.
