Acquisition Archives - Linear Retail Properties, Burlington MALinear Retail Properties, Burlington MA

All posts tagged Acquisition

24 Jun 2018

Linear Retail Properties announces acquisition
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Wicked LocalREADING — Linear Retail Properties announced that it has acquired 1342 Main St. in Reading, a freestanding retail property currently leased to HomeGoods.

The purchase price for the property was $5,500,000. The seller was represented by Jenny Ng of The Network Group.

21 Jun 2018

Linear Retail Acquires 30,000 SF Reading Property
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(Burlington, MA; 06/21/2018) – Linear Retail Properties, LLC, announced today that it has acquired 1342 Main Street in Reading, MA, a freestanding retail property currently leased to HomeGoods.

The purchase price for the property was $5,500,000. The Seller was represented by Jenny Ng of The Network Group.

Ng commented, “We had significant interest in the property from many capable real estate investors. Linear’s reputation for closing coupled with their aggressive pricing made them the right choice.”

29 Mar 2017

Linear Retail Acquires 24th Boston Retail Property
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(Burlington, MA; 03/28/2017)– Linear Retail Properties, LLC, announced today that it acquired a retail condominium unit at 127 Tremont Street in Boston, MA for $2.6 million.

The 2,135 SF retail condominium is currently leased to Watermark Donut Company, a Dunkin’ Donuts franchisee. The building is located directly across from the Park Street MBTA “T” station on Boston Common at the entrance to Downtown Crossing. The retail unit comprises the first floor of a six-story building.

23 Feb 2017

Linear Retail Acquires Retail Property in Medford, Massachusetts, for $4.7M
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REBusinessOnline (Feb. 23, 2017) – MEDFORD, MASS. — Linear Retail has purchased a retail property, located at 85 High St. in Medford, from Case Real Estate Capital for $4.7 million. CVS/pharmacy occupies the 15,700-square-foot property, which was built in 1996. Geoffrey Millerd, Justin Smith, Paul Penman and Matthew Waisnor of NGKF Capital Markets represented the seller in the deal.

24 Jun 2015

Linear Retail Acquires Downtown Lexington Retail Block
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The Giroux Building Lexington Giroux Building on Massachusetts Avenue Acquired

(Burlington, MA; 06/24/2015)- Linear Retail Properties, LLC, announced today that it has acquired the Giroux Building, an 18,228 square foot multi-tenant, store-front retail property located at 1833-1853 Massachusetts Avenue in downtown Lexington, MA.

The Giroux Building offers frontage on four streets including Massachusetts Avenue, Meriam Street, Depot Square and Depot Place and overlooks the historic Buckman Tavern and Battle Green in Lexington Center. The fully leased store block is comprised of nine local and regional tenants including Via Lago Restaurant, Yangtze River Restaurant, Eastern Bank and Dellaria Salon. The purchase price of the property was $10,465,000. The Seller, The Giroux Building Limited Partnership, was represented by Connie Neville of Sperry Van Ness/Neville & Associates.