Banker & Tradesman – Linear Retail Properties LLC has purchased a bundle of retail properties in Newton.
The company announced earlier this week that it has acquired three properties including 1197-1203 Walnut St., 1637 Centre St. and 1193 Walnut St., as well as one property in Newtonville located at 309-321 Walnut St.
The purchase price for the four-property portfolio was $11.2 million. Linear Retail was represented by Tom Godino, president of Godino & Co. Inc.
“This is the third transaction that I have closed with Linear Retail,” Godino said in a statement. “Linear presented the long-time owner with an unsolicited offer based upon limited information and they were able to close at an aggressive price. It was a pleasure working with the Linear team.”