Linear Buys Boston Retail Condo For $2.6M

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.

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