In The News | Linear Retail

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.

30 Jan 2016

Pawtucket Shopping Center Changes Hands
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Blackstone Place - Pawtucket, RIPawtucket Journal – Linear Retail Properties, based in Burlington, Massachusetts, has acquired Blackstone Place, a shopping center at 727 East Ave. in Pawtucket, for $9.1 million.

The center, built in 1963, is fully leased and is anchored by Rite Aid. Other tenants include Hillside Family Medical, Rasoi, Antonio’s Pizza, Core Energy Fitness, Moon Star, Wild Flour, Garden Grille and Dunkin’ Donuts.

Linear also owns Smithfield Commons, East Greenwich Commons and 1000 Bald Hill Road in Warwick.

25 Jan 2016

Linear Retail Acquires Blackstone Place in Pawtucket, RI
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727 East Avenue in Pawtucket, Rhode Island(Burlington, MA; 01/25/2016)– Linear Retail Properties, LLC, announced today that it has acquired Blackstone Place, a shopping center located at 727 East Avenue in Pawtucket, Rhode Island.

Blackstone Place, originally built in 1963, is comprised of two buildings totaling 37,470 sf. The center is fully leased and is anchored by Rite Aid. Other tenants include Hillside Family Medical, Rasoi, Antonio’s Pizza, Core Energy Fitness, Moon Star, Wild Flour, Garden Grille and Dunkin’ Donuts. The site has frontage on three streets including East Avenue, Lafayette Street and Pidge Avenue and is located 2.5 miles north of downtown Providence.

21 Jan 2016

Smash Burger Opens First RI Location on Rte. 2
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Smashburger Ribbon Cutting Warwick RIWarwick Post – Smash Burger, among the fastest growing fast casual restaurants in the US, celebrated the opening of its first RI location at 1000 Bald Hill Road Thursday with the help of Mayor Scott Avedisian, The Central RI Chamber of Commerce, and executives of the Mohegan Holding Company, which owns the franchise.

Mohegan Holding Company also owns the Mohegan Sun casino in Uncasville, CT.When asked why the company chose Warwick, for its first RI location, Kevin Brown, chairman of the Mohegan Tribe, pointed out the window in the direction of a bustling Rte. 2 afternoon.

20 Jan 2016

Linear Buys West Roxbury Retail Strip On Main Corridor
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1869-1881 Centre St. West Roxbury, MABanker & Tradesman – Burlington-based Linear Retail Properties has acquired its second retail property in West Roxbury.

Linear purchased 1869-1881 Centre St. for $2.1 million from The Mary Daniels 1996 Trust. The property is a 7,335-square-foot, single-story building originally built in 1920 and owned by the same family for 50 years.

14 Jan 2016

Linear Retail Acquires Second West Roxbury Property
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1869-1881 Centre St. West Roxbury, MA(Burlington, MA; 01/14/2016) – Linear Retail Properties, LLC, announced today that it has acquired 1869-1881 Centre Street in West Roxbury, MA. The purchase price was $2.1 million.

The property is a 7,335 square foot, single-story building originally built in 1920. It is located within the main commercial corridor of West Roxbury. The center is anchored by Atlas True Value Hardware and Rox Diner. Other tenants include Iron Body Studios and Saigon Nails. There is one 700 square foot space available for lease. Those interested in leasing should contact Evan Eisenhardt, VP – Leasing, at Linear Retail.

30 Nov 2015

Linear Retail Signs NAMCO At Daniel Webster Crossing In Nashua

Daniel Webster Crossing_Namco(Burlington, MA; 11/30/2015)- Linear Retail Properties, LLC, announced today that it has signed a lease with NAMCO at its Daniel Webster Crossing shopping center located at 8 Spit Brook Road in Nashua, New Hampshire.

NAMCO leased 11,302 SF and will offer pool services, pool chemicals and accessories, patio furniture and game room gear. The new store will be taking the north end cap of Daniel Webster Crossing, next to Panera Bread. Daniel Webster Crossing recently underwent a full façade renovation including LED lighting, new tenant signage and upgraded landscaping as well as a new pylon sign.

29 Oct 2015

Linear Retail Acquires Property in Westborough
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9 West Plaza Westborough Rte. 9MetroWest Daily News – Linear Retail Properties LLC, a Burlington-based acquirer, owner, developer and operator of retail properties in New England, announced it acquired 9 West Plaza, located at 1 Oak St., Westborough.

The Plaza is located at the signalized intersection of Route 9 and Lyman Street within Westborough’s primary retail corridor. The 35,800-square-foot building is sited on 5.8 acres. Tenants include Sleepy’s, Chipotle, FedEx, Hair Cuttery and Gold’s Gym.

26 Oct 2015

Linear Retail Acquires 80th Retail Property in Westborough

9 West Plaza Westborough Rte. 9(Burlington, MA; 10/26/2015)- Linear Retail Properties, LLC, announced today that it has acquired 9 West Plaza, located at 1 Oak Street in Westborough, MA.

The Plaza is located at the prominent signalized intersection of Route 9 and Lyman Street within Westborough’s primary retail corridor. The 35,800 square foot building is sited on 5.8 acres. Tenants include Sleepy’s, Chipotle, FedEx, Hair Cuttery and Gold’s Gym.