In The News | Linear Retail

22 Aug 2018

Linear Retail Acquires Plymouth Retail Property
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Pilgrim Hill Marketplace in Plymouth, MA Acquired
Linear Retail Properties, LLC, announced today that it has acquired Pilgrim Hill Marketplace, 2-8 Pilgrim Hill Road in Plymouth, MA for $7,950,000. The 19,631 square foot pharmacy-anchored shopping center is located at the signalized intersection of Pilgrim Hill Road and Samoset Street, 0.3 miles from Exit 6 on Route 3.

The deal was marketed by Bob Horvath of Horvath & Tremblay who represented the Seller.

12 Aug 2018

Million-dollar NH mall makeovers: Rapidly evolving to connect with today’s consumer
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Photo Credit: David Lane/Union Leader

New Hampshire Union Leader – The Maple Tree Mall in Manchester’s North End recently finished a $1 million facelift – including a new facade, sign and revamped parking lot.

“It brought it from the 1980s to 2018,” said Emily Martel, marketing manager for Milne Travel, a tenant there.

About a 20-minute drive away, a Massachusetts developer stripped a former Shaw’s plaza in Merrimack down to its structural steel, spending more than $6 million to transform it.

8 Aug 2018

Club Pilates Joins Eaglewood Shops
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Rte 114/ 175 Turnpike St in North Andover
(Burlington 8/8/2018) – NEW TENANT ALERT! Today we are announcing that Club Pilates signed a lease for 2,000 SF at Eaglewood Shops in North Andover, MA. The tenant was represented by Sam Koonce of Atlantic Retail Properties.

Club Pilates offers an ample group workout schedule using TRX, Barre, Exo-Chair, Bosu ball, mats, rollers, and more. Classes are pure to Joseph Pilates’ original Reformer-based Contrology Method but are modernized with state-of-the-art equipment and are offered at an affordable price.

29 Jun 2018

Linear Retail Properties signs Abbott’s Frozen Custard to 850 s/f
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NEREJLexington, MA According to Linear Retail Properties, LLC, Abbott’s Frozen Custard has opened at its Giroux Building at 1833-1853 Massachusetts Ave. in downtown.

Abbott’s 850 s/f location offers a fun community-driven atmosphere with new flavors to choose from each day with frozen custard cones and bowls, milkshakes, cakes, cookie sandwiches and other frozen goodies. Their product is made fresh in-store with stores being able to create up to 1,000 different flavors. Jason Denoncourt, a 15 year veteran in the commercial real estate industry, is the owner as well as a local resident.

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.

22 Jun 2018

Linear Retail Properties leases 2,600 s/f to Panda Express
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NEREJ – Nashua, NH According to Linear Retail Properties, LLC, Panda Express has opened at Daniel Webster Shops at 219 Daniel Webster Hwy. Panda Express occupies 2,600 s/f on the north end cap of The Shops.

Panda Express Nashua’s new location boasts a fresh and bright design with tiled floors, wooden tables, seating and various types of lighting.

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.”

5 Jun 2018

Linear Retail is listed on NREI’s 2018 Top Retail Owners
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NREI – Linear Retail has been listed on National Real Estate Investor’s, “Top Retail Owners of 2018.” The listing of the top owners of retail real estate was compiled using responses to NREI’s top owners of retail real estate survey, earnings reports and company Web sites. It is based on the total size of the companies’ U.S. portfolios as of Dec. 31, 2017.

See full list here: https://www.nreionline.com/retail/2018-top-retail-owners

7 May 2018

Fashionable Whitea Annie Store Brings Linear Retail Unit to Life
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Real Reporter Boston – Millennials are said to be loathe to brick-and-mortar retailing, but at least one stylish constituent of that generation is embracing a physical approach via her boutique women’s clothing store that recently opened right next to tony Newbury Street at a Linear Retail condominium. Founder Jiaming “Annie” Li’s vision is on display in 700 sf at 222 Clarendon St. where she offers a line of apparel featuring a Chinese theme. As for the old-school approach to pitching her wares, Li maintains “our store has many advantages” over an online platform.

“Here, I can interact with the customers and be sure to help them find what they need for any occasion,” she explains. “They can touch and feel the silkiness in products and pair them in person with accessories. We are known for having ultra-soft and cozy materials which our customers adore and items that are not mass-produced.”

23 Mar 2018

Linear Retail Properties leases 1,082 s/f to Gräem Roasted Nuts in Concord
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NEREJ Concord, MA – According to Linear Retail Properties, LLC, Gräem Roasted Nuts will open its first shop at the corner of Main and Walden Sts. in downtown.

The 1,082 s/f European-inspired roasted nut shop will serve a variety of nuts, dried fruits, chocolates and other locally sourced goods. The store will also carry a gift basket line with reusable packaging.