REBusiness Online – BOSTON — Linear Retail Properties has acquired a three-story, 8,131 square foot retail building in the Downtown Crossing neighborhood of Boston. The sales price was $5 million. Located at 19-21 School St., the entire building is currently vacant. Linear plans to lease up the property with a full-building retail tenant or restaurant operator. Mike Edward, Jake Golden and Jon Gifford of Perry Brokerage Associates represented the seller, Envision Bank, in the transaction.
All posts tagged Acquisition
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.
(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.”
(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.
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.
(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.