All posts tagged Linear Retail Wellesley Acquisition

17 Apr 2019

Linear Retail Acquires 2nd Property in the Heart of Wellesley Square
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Linear Retail Wellesley AcquisitionTwo Building Storefront Retail Property in Wellesley, MA Purchased for $17.6M

(Burlington, MA; 04/17/2019)– Linear Retail Properties, LLC, announced today that it has acquired 61-71 Central Street – two storefront retail buildings totaling 17,900 square feet in the heart of downtown Wellesley Square in Wellesley, MA, including an adjoining 60 space parking lot. The purchase price was $17.6 million.

The property is fully occupied by seven tenants including: CVS Pharmacy, Coldwell Banker Residential Brokerage, Wasik’s Cheese Shop, J.P. Licks, Papyrus, Vision Optics and Mane & Mani. A 60-car private parking lot for the property’s tenants is located behind the building, abutting the Wellesley Square Commuter Rail station.