New Owner of Retail Block Near Monument: No Imminent Redevelopment Plans

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Kamada Super Fusion, American Dry Cleaners and JP House of Pizza are active businesses on the block.

The new owner of the block of four retail storefronts across from the Monument plans to maintain the existing building uses, Banker & Tradesman reports.

As Jamaica Plain News reported last week, Hajjar Management Co., a developer primarily known for managing apartment buildings and developing hotels, bought 775-783 Centre St. last week for $1.72 million. The Tedeschi convenience store at the corner of Centre and Eliot streets recently closed; American Dry Cleaners, Kamado Super Fusion and JP House of Pizza continue to occupy the remaining storefronts.

According to Banker & Tradesman:

Paul Mahoney, COO for Hajjar Management, said the company has no plans for a significant redevelopment.

“It will remain as a retail use, with an updated facade in keeping with the vibrant Jamaica Plain market. It’s a great spot, and highly visible,” Mahoney said via email.

The new owners are in discussions with various replacements for Tedeschi’s, he said.

Read the full Banker & Tradesman story here (subscription required).

Four storefronts at 775-783 Centre Street were bought by Hajjar Management Co.

Four storefronts at 775-783 Centre Street were bought by Hajjar Management Co.

Kamada Super Fusion, American Dry Cleaners and JP House of Pizza are active businesses on the block.

Kamada Super Fusion, American Dry Cleaners and JP House of Pizza are active businesses on the block.

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