LINEAR RETAIL PROPERTIES ACQUIRES SHOPPING CENTERS

MILFORD AND EAST HARWICH, MASS., AND NASHUA, N.H. — Linear Retail Properties has purchased three retail properties in Milford, East Harwich and Nashua. Milford Square in Milford contains 50,205 square feet spanning four single-story buildings and was purchased for $7.27 million. Retail tenants include AT&T Wireless, Curves for Women and HoneyDew Donuts. Amherst Street Village, located at 550 Amherst St. in Nashua, was purchased for $9.73 million and includes 48,300 square feet of retail. The three-building retail center includes two single-tenant buildings leased to Walgreen’s and PetSmart, and a 12,800-square-foot strip center with eight tenants. Christopher Angelone and Leslie Farasci of CB Richard Ellis represented the seller, Regency Centers, in the transaction. Colliers Meredith & Grew has been retained by Linear to provide property management services.