Salk’s Ace Hardware and Marine inks deal to lease former Ocean State Job Lot in Wakefield

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Salk’s Ace Hardware and Marine, a fifth-generation family-owned business, recently agreed to a long-term lease with Ocean State Job Lot to occupy the former Ocean State Job Lot location at 36 Old Tower Hill Road in Wakefield. Todd Alexander, Managing Director of Newmark Knight Frank of Boston, represented Salk’s in the transaction.

With a scheduled soft opening in February, this will be Salk’s third location in Rhode Island, including others in Warwick and North Kingstown, and Seekonk, Massachusetts. Ocean State Job Lot vacated the property in June of 2019, moving to 688 Kingstown Road, the site of the former Benny’s store. The store’s official Grand Opening weekend will be from April 3-5, and will include sale specials and promotions, raffles, giveaways and grilling demos.

“When we heard Ocean State Job Lot was leaving to go to Benny’s we gave them a call immediately,” said Jeff Salk, Owner, Salk’s Ace Hardware and Marine in a statement. “We have been interested in that area for a while, and this space makes sense for us.”

“As we prepared to leave our old location in Wakefield, which we had occupied for nearly 40 years, we were determined not to allow it to sit vacant for very long,” said David Steinberg, Director of Leasing and Real Estate for Ocean State Job Lot in a statement. “We know Salk’s Ace Hardware and Marine will be a welcome addition to the area.”

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Salk’s Ace Hardware & Marine offers a one-stop shop for trusted brand names along with expert advice and customer service. With a great selection of products and a variety of services, Salk’s will also bring its marine supplies to the community. “It will be our pleasure to serve both commercial and sport fisherman, giving them a home for everything they need moving forward,” continued Salk.