Neighbor News
Centre Street Retail Acquired by Linear Retail
Linear Retail acquired Centre Street retail real estate including Rox Diner, True Value Hardware, Iron Body Studios and Saigon Nails
Linear Retail Properties, LLC, announced today that it has acquired 1869-1881 Centre Street in West Roxbury, MA. The purchase price was $2.1 million.
The property is a 7,335 square foot, single-story building originally built in 1920. It is located within the main commercial corridor of West Roxbury. The center is anchored by Atlas True Value Hardware and Rox Diner. Other tenants include Iron Body Studios and Saigon Nails. There is one 700 square foot space available for lease. Those interested in leasing should contact Evan Eisenhardt, VP – Leasing, at Linear Retail.
Neil Hoffman, a representative of the seller, mentioned, “The property has been owned by the same family for over 50 years. Linear Retail’s reputation as a professional real estate operator was confirmed during our transaction. The property rests in very capable hands.”
Linear Retail also owns the 7-Eleven site located at 1710 Centre Street and last May, acquired 745 South Street in the nearby town of Roslindale, a single-tenant 4,600 square foot Unleashed store (Petco’s urban concept). Linear now owns 22 retail properties throughout the city of Boston including property on Newbury Street, Charles Street, Boylston Street, Salem Street, Washington Street, Columbus Street and Congress Street as well as three properties in East Boston.
ABOUT LINEAR RETAIL PROPERTIES, LLC
Based in Burlington, MA, Linear Retail is a leading acquirer, owner, developer and operator of retail properties in New England. Linear Retail owns 80 retail properties including convenience-oriented strip shopping centers, specialty storefront retail in select downtown neighborhoods, smaller, well-located centers in dominant retail destination corridors, net leased single tenant retail properties and urban retail condos. For more information visit www.linearretail.com or on Twitter: @LinearRetail
