(Burlington, MA; 2/11/2016) – Linear Retail Properties, LLC, announced today that it acquired the two-story Friend Block located at 49-57 Main Street in Concord, MA for $4.7 million. The property was sold by the Friend Block Realty Trust.
The Friend Block is located at the center of Concord’s shopping district at the intersection of Main St (Rte. 62) and Walden St. Originally constructed in 1892, the 11,740 SF site is on the National Registry of Historic Places. The site is named after John Friend, who opened a pharmacy in the late 1800’s.
Mostly vacant, Linear expects to fill the building with shops complementary with Concord’s town center. Linear plans on modernizing the building’s interior while respecting the exterior’s historic design. Those interested in leasing should contact Joel Kadis, Partner – Leasing & Development of Linear Retail.