News Linear Retail Acquires Point Crossing in Quincy, MA

Point Crossing | 479 Washington Street in Quincy, MA

Linear Retail Properties announced today that it has acquired Point Crossing, a 13,889 SF small format shopping center located at 479 Washington Street in Quincy, MA. The purchase price was $12.025 million.

Point Crossing is fully leased and is located approximately 11 miles south of Downtown Boston. The property is well-positioned at the signalized intersection of Route 3A (37,000 ADT) and Route 53 (45,100 ADT) with three separate access points to the center. Current tenants include ConvenientMD Urgent Care, Joint Ventures Physical Therapy, Jersey Mike’s Subs and Coffee Break. Quickway Hibachi is expected to open later in 2025.

Jonathan Martin and Paul Penman of Newmark represented the seller in the transaction and commented, “Investor interest in Point Crossing was strong due to its prominent location within the Quincy market and its diverse tenant mix. The Linear Retail team’s professional approach resulted in a seamless and successful transaction.”

Aubrey Cannuscio, Co-CEO of Linear Retail commented, “After more than 20 years of searching for the best small format retail property in Quincy, we found Point Crossing. I commend the sellers on completing an exceptional repositioning of the property. Our team is excited to add this asset to Linear’s portfolio of high quality, small format retail properties. We are focused on acquiring more similar quality small format retail properties in the Greater Boston region.”

For more info on the property, see property page here.