BOSTON — Burlington, Mass.-based Linear Retail Properties has acquired two Boston retail condominiums in two separate transactions for a total of $4.04 million. The first property is a 7,339-square-foot unit located at 58 Summer St. in the city’s financial district. The vacant unit was previously occupied by McDonald’s, which sold the property to Linear for $2.37 million. John Butterworth of Boston-based CB Richard Ellis – New England Partners and Christopher Lawrence of Boston-based Colliers Meredith & Grew brokered the transaction.
The second property is a 4,360-square-foot unit located within the Wilkes Passage condominium project at 1313 Washington St. Linear acquired the property from Red River Trading Co. for $1.67 million. Red River will be relocating to 577 Main St. in Hudson, Mass. Ken Girvin of Boston-based Chandler Co. brokered the transaction. The Dartmouth Company has been retained to lease the property.
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