In The News | Linear Retail

5 Aug 2016

Like Father, Like Daughter
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Bill and BridgetShopping Centers Today– Not all father-daughter combinations work side by side in the industry, but they may still share a common bond that augments the family relationship. Such is the case with William (Bill) Beckeman, president and CEO of Burlington, Mass.-based Linear Retail Properties, and his daughter Bridget.

Bill founded Linear Retail, which owns, acquires, develops and manages retail properties in New England, in 2003. He is trained as a structural engineer, but also spent years in property management with John Hancock Properties and as a partner with Finard & Co. He has two daughters. Bridget, 28, is a Harvard graduate and has been an asset manager at Jamestown Properties since 2014. Her sister, Lily, 26, lives in New York City and is involved in the fashion industry.

23 Jun 2016

Great Clips Training Centers signs lease at Milford Square
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Great Clips Milford CollageGreat Clips Training Center has signed a lease for 1,760 SF at Milford Square located at 138 South Main Street (Rte. 140) in Milford, MA.

With 3,900 franchised salons throughout the US and Canada, Great Clips is the world’s largest salon brand. Great Clips franchisees employ 35,000 stylists who receive ongoing training to learn advanced skills and the latest trends.

16 Jun 2016

Procuts signs lease at Raynham Plaza
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Procuts Raynham PlazaProcuts has signed a lease for 1,420 SF at Raynham Plaza located at 325 New State Highway (Rte. 44), 1/4 mile from Rte. 24 in Raynham, MA.

Based in southeastern MA, Procuts was established in 1980 and now has 12 locations including: Fairhaven, Wareham, Middleboro, Bridgewater, Marshfield, Plymouth, Falmouth, Mashpee, Centerville, Hyannis, Dennis and Orleans.

2 Jun 2016

The Joint Chiropractic Joins Daniel Webster Shops
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The Joint Chiropractic Joins DW ShopsThe Joint Chiropractic is now open at Daniel Webster Shops in Nashua, NH. The Joint was originally founded in 1999 by a doctor of chiropractic with a vision to transform the traditional, often misunderstood concept of routine chiropractic care by making it more convenient, friendly and affordable. Today, The Joint has grown to a nationwide network of more than 280 clinics. Its membership plans and packages eliminate the need for insurance, do not require appointments and offer convenient hours and locations.

9 May 2016

Linear Retail is listed on NREI’s 2016 Top Retail Owners
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NREI Top Retail Owners 2016NREI – Linear Retail has been listed on National Real Estate Investor’s, “Top Retail Owners of 2016.” The listing of the top owners of retail real estate was compiled using responses to NREI’s top owners of retail real estate survey, earnings reports and company Web sites. It is based on the total size of the companies’ U.S. portfolios as of Dec. 31, 2015.

See full list here: http://nreionline.com/retail/2016-top-retail-owners

22 Apr 2016

Linear Retail Serves Up Upper Crust Pizzeria in Burlington
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Upper Crust Pizzeria Burlington Now OpenEisenhardt Leases 1,587 SF to Upper Crust at Burlington Marketplace

(Burlington, MA; 4/22/2016)- Linear Retail Properties, LLC, announced today that its VP of Leasing, Evan Eisenhardt has leased 1,587 SF to Upper Crust Pizzeria at Burlington Marketplace located at 68-82 Mall Rd. in Burlington, MA. The shopping center is situated across from the Burlington Mall, Lahey Clinic and The District, a new 1.3 Million sf mixed-use development.

Upper Crust Pizzeria offers delicious pizzas and salads made with fresh ingredients in an up-scale setting. A unique item offered includes its “slice of the day” or “slice of the month” specialty pizzas. Catering and take-out is also available.

11 Feb 2016

Linear Retail Acquires Historic Friend Block in Concord, MA
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Friend's Block Concord 1(Burlington, MA; 2/11/2016) – Linear Retail Properties, LLC, announced today that it acquired the two-story Friend Block located at 49-57 Main Street in Concord, MA for $4.7 million. The property was sold by the Friend Block Realty Trust.

The Friend Block is located at the center of Concord’s shopping district at the intersection of Main St (Rte. 62) and Walden St. Originally constructed in 1892, the 11,740 SF site is on the National Registry of Historic Places. The site is named after John Friend, who opened a pharmacy in the late 1800’s.

Mostly vacant, Linear expects to fill the building with shops complementary with Concord’s town center. Linear plans on modernizing the building’s interior while respecting the exterior’s historic design. Those interested in leasing should contact Joel Kadis, Partner – Leasing & Development of Linear Retail.

4 Feb 2016

Concord’s Friend Block is purchased by Linear Retail Properties
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Friend's Block Concord 1 Wicked Local – Linear Retail Properties, LLC, has announced that it acquired the two-story Friend Block located at 49-57 Main St. in Concord, MA for $4.7 million. The property was sold by the Friend Block Realty Trust.

The Friend Block is located at the center of Concord’s shopping district at the intersection of Main St (Rte. 62) and Walden Street. Originally constructed in 1892, the 11,740-square-foot site is on the National Registry of Historic Places. The site is named after John Friend, who opened a pharmacy in the late 1800s.

Linear expects to fill the building, which is mostly vacant, with shops complementary with Concord’s town center. Linear plans on modernizing the building’s interior while respecting the exterior’s historic design.

1 Feb 2016

Linear Retail Pays $12M for 7th Nashua Property
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Barnes & Noble_235 Daniel Webster Hwy Nashua, NHThe Real Reporter- NASHUA, NH — And now there is one—owner, that is, of all four retail properties at what Linear Retail Partners principal William J. Beckeman deems “arguably the best intersection in all of Nashua,” and if so, that is good news for his Burlington, MA-based operation that just paid $12 million to secure the Barnes & Noble Bookstore at 235 Daniel Webster Highway, complementing three other assets assembled over the past decade where Spit Brook Road converges with DWH.

“It fills out the corner nicely for us,” Beckeman tells Real Reporter in the wake of an all-cash deal that completes the four-piece puzzle at that light and brings Linear’s overall Nashua portfolio to seven properties. “It’s a great fit fot us,” Beckeman says in stating the obvious that, “we like Nashua a lot” even as the firm’s expanding fiefdom of convenience-oriented retail stretching from New Hampshire to Rhode Island and now at 80 assets overall continues to expand in other markets, with 2015 an especially active season on the acquisitions front, that group led by Aubrey Cannuscio.

1 Feb 2016

Linear Retail Acquires 7th Nashua Property
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Barnes & Noble_235 Daniel Webster Hwy Nashua, NH(Burlington, MA; 02/01/2016)– Linear Retail Properties, LLC, announced today its 7th purchase in Nashua, New Hampshire at 235 Daniel Webster Highway. The property is tenanted by Barnes & Noble and is located at the corner of Daniel Webster Highway & Spit Brook Road.

The Barnes & Noble property is a 29,554 square foot, single-story, free standing building. The purchase price was $12 million. The property is Linear Retail’s sixth acquisition on Daniel Webster Highway, Nashua’s premier shopping district. Linear also owns a shopping center on Rte. 101A/Amherst St. in north Nashua adjacent to Target.