citybizlist – Linear Retail Properties, LLC, announced today its acquisition of a prominent retail condominium unit at the intersection of First Street and Cambridge Street in East Cambridge. The 3,075 square foot unit is located directly across the street from the Lechmere Green Line subway Station and two blocks from the CambridgeSide Galleria Mall.
The purchase price of the property was $2.4 million. The unit is occupied by Finagle a Bagel on a short term basis and is available for lease. Rick Rostoff, Vice President of Acquisitions, sourced this property directly from the seller, Cambridge-FAB LLC.