In The News | Linear Retail

8 Oct 2017

Change afoot in historic Concord Center
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The Main Street area has been hit by vacancies, but new tenants are around the corner.
By Nancy Shohet West, Oct. 06, 2017

Boston Globe – Shoppers strolling the well-maintained sidewalks of Concord Center always find plenty to look at as they pass by the inviting shops: jewelry, fine art, stationery, gourmet food, sporting goods, books by authors both local and international.

But recently the view has also included something that was far less common in previous years: empty windows.

At least three prominent storefronts in the Main Street area are currently vacant, including the iconic building at the west corner of Main and Walden that for years housed The Toy Shop of Concord. Just a few blocks away on Thoreau Street stands another empty storefront across from the train station, with La Provence now shuttered.

24 Aug 2017

VIP Nails & Spa to open at East Greenwich Commons
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(Burlington 8/24/2017) – VIP Nails & Spa has signed a lease for 2,568 SF at East Greenwich Commons on Rte. 1 in the town center of East Greenwich, RI. VIP Nails has two other Rhode Island spa locations in Cumberland and N. Providence.

Evan Eisenhardt, VP of Leasing, represented Linear, and Angela K. Sharkey, LLC represented the tenant.

East Greenwich Commons is a CVS and Starbucks-anchored center located on Rte. 1/Main Street in East Greenwich, RI. The property offers a mix of national and local tenants, with excellent street and pylon visibility and ample parking.

17 Aug 2017

Linear Retail Signs Caffé Nero Deal in Concord, MA Town Center
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(Burlington, MA; 8/17/2017) – Linear Retail Properties, LLC, announced today that it signed a lease with Caffé Nero for 2,803 SF at 55-57 Main Street in the historic Friend Block in downtown Concord, MA.

The European-based café will serve Italian coffee and espresso based drinks along with locally sourced artisan baked goods from Concord’s Nashoba Brook Bakery. The café’s inviting design will feature a fireplace and elegant seating areas with antique furniture refurbished locally including several community tables. The café is expected to open in the first quarter 2018.

14 Jul 2017

Linear Retail completes two leases totaling 4,824 s/f
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NEREJ (July 14, 2017) – East Greenwich, RI According to Linear Retail, Jersey Mike’s opened a 1,800 s/f store at its East Greenwich Commons shopping center located at 555 Main St. The company uses only premium meats and cheeses sliced on the spot and piled on oven-fresh bread baked in the restaurant throughout the day.

The deal was executed by Evan Eisenhardt, VP – leasing at Linear, along with Atlantic Retail Properties’ Ben Ravelson and Pat Gallagher. There is currently 900 s/f and 2,509 s/f available for lease at the center.

23 Jun 2017

Kadis of Linear Retail leases 14,528 s/f to Duluth Trading Co.
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NEREJ (June 23, 2017) – Warwick, RI According to Linear Retail, the 14,528 s/f Duluth Trading Company is now open at its 1000 Bald Hill Rd. shopping center.

Originally an online business, Duluth now has 22 brick & mortar locations with product varying from casual wear, workwear and accessories. All Duluth’s gear is centered around innovation for the job site and have been “tested by tradesman, construction workers, dock hands, cycle riders, old hippies and other hard-as-nails characters.”

3 Apr 2017

Linear Buys Boston Retail Condo For $2.6M
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Banker & Tradesman – Burlington-based Linear Retail Properties LLC has acquired a retail condo at 127 Tremont St. in Boston for $2.6 million.

The 2,135-square-foot space across from the MBTA’s Park Street station is leased to a Dunkin’ Donuts franchisee, Watermark Donut Co.

Tremont Street LLC 127 of Charlestown acquired the 6-story building on March 10 for $7.8 million and carved out a condo structure for the ground-floor space. Linear has acquired 24 retail properties in Boston and is seeking to complete additional similar transactions, CEO Bill Beckeman said in a statement.

29 Mar 2017

Linear Retail Acquires 24th Boston Retail Property
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(Burlington, MA; 03/28/2017)– Linear Retail Properties, LLC, announced today that it acquired a retail condominium unit at 127 Tremont Street in Boston, MA for $2.6 million.

The 2,135 SF retail condominium is currently leased to Watermark Donut Company, a Dunkin’ Donuts franchisee. The building is located directly across from the Park Street MBTA “T” station on Boston Common at the entrance to Downtown Crossing. The retail unit comprises the first floor of a six-story building.

23 Feb 2017

Linear Retail Acquires Retail Property in Medford, Massachusetts, for $4.7M
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REBusinessOnline (Feb. 23, 2017) – MEDFORD, MASS. — Linear Retail has purchased a retail property, located at 85 High St. in Medford, from Case Real Estate Capital for $4.7 million. CVS/pharmacy occupies the 15,700-square-foot property, which was built in 1996. Geoffrey Millerd, Justin Smith, Paul Penman and Matthew Waisnor of NGKF Capital Markets represented the seller in the deal.

12 Jan 2017

Linear Retail Acquires 51,000 SF Shopping Center in Manchester, NH
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Manchester-Maple-Tree-Mall-Linear-Retail(Burlington, MA; 01/12/2017)- Linear Retail Properties, LLC, announced today that it acquired Maple Tree Mall located at 535-555 Hooksett Rd. in Manchester, NH for $4,000,000.

Maple Tree Mall is a 51,000 SF shopping center located 1/2 mile south of Interstate 93, exit 9, and 1 mile north of downtown Manchester/Elm Street. Center tenants include; La Carreta Mexican Restaurant, SalonCentric, Cyr Kitchen & Bath Home Design Center and Papa Gino’s. There is 1,600 – 18,000 SF available for lease.

12 Jan 2017

New owner plans renovation at Maple Tree Mall
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Manchester-Maple-Tree-Mall-Linear-RetailThe Union Leader – The Maple Tree Mall is in line for a facelift.

A Massachusetts firm bought the North End strip mall for $4 million.

“We’ll renovate it to bring it into the current century,” said Aubrey Cannuscio, partner of acquisitions for Linear Retail Properties, LLC of Burlington, Mass.

A “significant amount” of money will be invested to make improvements to the mall’s facade, signage, lighting and parking lot, he said Thursday.