Shopping center

Developer buys Rockland–Knox County VillageSoup Mall

ROCKLAND — A Portland development company has purchased Rockland’s largest mall.

Treadstone LLC acquired Harbor Plaza Shopping Center on September 30 from John Morris, Susan Morris, Samuel Morris and Joshua Morris. The selling price, according to records filed with the Maine Bureau of Revenue Services, was $14 million.

The city has the property appraised at $12.8 million and the annual tax bill is $311,000. This does not include personal property on renter owned equipment.

Harbor Plaza is located at 235 Camden St. and includes major tenants Shaw’s Supermarket, TJ Maxx and Staples. The center also includes China Coast Restaurant, Pet Quarters, H&R Block, Fed Cap Opportunity, UPS Store, Label Center and Rent-A-Center.

Josh Soley, director of Treadstone, said the plan was to modernize the mall. He said he would like to attract more tenants to fill the center. If the roof load is sufficient, solar panels will be installed on the roof. Charging stations for electric vehicles will be installed.

There are four empty commercial spaces in the center.

John Morris of Waldoboro designed and developed the mall which was built in 1987. The original anchor tenants were Shaw’s and Zayre’s department stores.

When the mall was approved by the Planning Board in June 1985, several neighbors on Waldo Avenue and Glen Street went to court to block the project, claiming it would damage the character of the residential area of ‘then and that the increase in car traffic would create a safety hazard for the neighborhood. The case went all the way to the Supreme Judicial Court of Maine which denied the neighbors’ appeal.

” Previous

Next ”