(Burlington, MA; 12/15/2016)- Linear Retail Properties, LLC, announced today that it acquired two retail properties in Nashua, NH along the Daniel Webster Highway/Spit Brook Road retail block for $12.5 million. The freestanding buildings are leased to Old Navy and Burger King.
The two buildings, totaling 27,673 SF, are located in close proximity to six other Linear Retail properties including; Daniel Webster Crossing, Daniel Webster Plaza, Daniel Webster Shops, and freestanding properties leased to Barnes and Noble, Chili’s and Uno’s.
Geoffrey Millerd and Justin Smith of Newmark Grubb Knight Frank represented the Seller and Aubrey Cannuscio, Partner – Acquisitions, represented Linear Retail.
Cannuscio commented, “Linear Retail’s acquisition of these prominent retail properties solidifies our dominant presence on Daniel Webster Highway. Our acquisition appetite remains very strong as we seek to purchase many more retail properties in MA, NH, and RI in the coming months.”