Linear Retail Acquires 51,000 SF Shopping Center in Manchester, NH

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.

Joel Kadis, Partner – Leasing & Development of Linear Retail commented, “Maple Tree Mall is ideally located to serve Manchester’s dense residential population and the nearby downtown Elm Street office corridor. We intend to re-position this asset to better serve these customers, including a fascia makeover, parking lot replacement and new signage.”

Jonathan Aron of KeyPoint Partners represented the Seller and Aubrey Cannuscio, Partner – Acquisitions represented Linear Retail.

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