realestate

Walnut Hill Plaza Sold: 300,000 s/f Acquisition by Saletin Real Estate Group

Woonsocket, RI: Saletin Real Estate Group Acquires Walnut Hill Plaza at Diamond Hill and Mendon Rds.

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n Woonsocket, Rhode Island, a new chapter unfolds for Walnut Hill Plaza. Acquired by Saletin Real Estate Group in February 2025, this 300,000-square-foot retail hub on 23 acres of land is poised to shine once more.

    A seasoned revitalizer of Southern New England's commercial landscapes, Saletin brings its expertise to the table, having transformed numerous retail centers, mixed-use properties, and office parks into thriving community hubs. The property was purchased for $6.3 million from Walnut Hill Holdings LLC, setting the stage for a fresh era under Saletin's stewardship.

    "We're honored to be part of this storied history," says Cris Crecelius, principal of Saletin Real Estate Group. "Our vision is to breathe new life into Walnut Hill Plaza while respecting its heritage as a beloved gathering place." By collaborating with city officials and planners, Saletin aims to create a vibrant destination that showcases a diverse range of retailers, services, and dining options.

    The McCarthy Clock, an iconic landmark symbolizing Woonsocket's commercial vitality for generations, remains a cherished element of local identity. As Saletin reimagines the plaza, they're committed to strengthening its role as a cornerstone of the community, fostering engagement through thoughtful property enhancements and strategic tenant curation.

Walnut Hill Plaza sold: 300,000 sq ft acquisition in Boston area.