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Consignment Goods quadruples space at Gable House

November 5, 2011

Photo by Martha Smith

Craig Schennum adjusts the phone number on the sign for the Gable House building Tuesday morning.

NORTH KINGSTOWN – Less than two weeks after another local newspaper reported that the Biomes Marine Biology Center was moving into the long-vacant Gable House Furniture store at 6640 Post Rd., Craig Schennum has swooped in, grabbing the space for his enterprise, Consignment Goods.

Schennum says he signed the lease Oct. 27, took only a day to move his inventory and opened at the new location on Oct. 29.

Meanwhile, a frustrated Mark Hall, proprietor of the aquarium in which visitors can pet sharks and other creatures, claims he was blindsided by the action after spending months negotiating a lease agreement for Gable House.

“I was shocked,” he says. “I just happened to be in East Greenwich picking up some equipment that I was going to use in that building [when I found out.] I couldn't believe it.

“Eventually I had to back off and let my realtor handle it. I could have signed the lease a couple weeks ago” but had a few unresolved issues including how the financial pie would be split.

“My lawyer tried to work with their lawyer. There was a problem over commission-splitting” between realtors for both sides. “While they [Consignment Goods] were moving into the building, two lawyers were working on my lease” for Gable House.

For more information pick up a copy of the Standard Times

Source 
Southern Rhode Island Newspapers
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