LINEAR RETAIL PROPERTIES PURCHASES TWO RETAIL FACILITIES

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READING, MASS., AND WARWICK, R.I. — Linear Retail Properties has purchased a 20,110-square-foot retail center in Reading and a 10,600-square-foot retail property in Warwick. Located at 345 Main St., the Reading center was purchased for $3.85 million. Frank Normandin of Summit Realty Partners brokered the transaction, and Colliers Meredith & Grew are set to provide property management services. The Warwick center, located at 1138 Post Rd., is a two-tenant facility leased to Aaron’s Rentals and Lemongrass. Harold Lavine of Bessette Realty brokered the $1.63 million transaction. Keypoint Partners has been selected to manage the facility.

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