$4.38 Million Acquisition of 926-950 South Willow Street in Manchester, NH
(Burlington, MA; 04/13/2012)– Linear Retail Properties announced today their purchase of a 9,870 square foot shopping center at 926-950 South Willow Street in Manchester, New Hampshire. The $4,385,000 purchase marks Linear Retail’s fourth acquisition in three weeks, expanding the company’s portfolio to 61 properties throughout Massachusetts, New Hampshire, and Rhode Island.
The plaza is situated at a prominent, signalized intersection in the heart of the South Willow Street retail area, directly across from the TJ Maxx Shopping Center. The shopping center is fully leased to four tenants; Chipotle Mexican Grill, Mattress Giant, US Cellular and Hannoush Jewelers.
Rick Rostoff with Spectra Realty, brokered the transaction, representing Linear Retail as the buyer.