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Saturday, September 06, 2008 Retail
Burlington, Mass.-based Linear Retail Properties, LLC has agreed to purchase two retail buildings in Massachusetts for $12.6 million. Kevin Shaughnessy of Collaborative Retail Strategies, LLC brokered the deal for Linear Retail. In Stoughton, the firm purchased a 26,101 square foot multi-tenant retail building for $9.37 million. It is located within the Walgreens Plaza at 413 Washington St. and is occupied by four tenants: Walgreens, Starbucks, Hertz and Chuck and Cheese Pizza. In Dedham, Linear Retail acquired a single story, 5,340 square foot retail building currently leased to LensCrafters. It is located at 870 Providence Highway and was purchased for $3.25 million. The two properties will be managed by KeyPoint Partners, LLC. Address: 413 Washington St., Stoughton, Mass. - 870 Providence Highway, Dedham, Mass. Size: 31,441 square feet Filed Under: Retail E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us 
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