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Linear Retail Buys Woburn Shopping Plaza For $5.38M

Mar 27, 2012 | Reprints | Unlock Link | Print

Linear Retail Properties LLC, of Burlington, has purchased West Marine Plaza at 299 Mishawum Road in Woburn for $5.38 million.

The two-tenant shopping center, totaling 32,515 square feet, is located across from the Woburn Mall, fronting Route 128.

The retail property was developed in 1993 for Toys "R" Us. In 2004, the property was sold to Office Depot Inc. The center is currently fully leased to West Marine and Sleepy’s.

Peter Considine and Scott Black of The Dartmouth Co. and Aaron Savin of ECHO Retail, brokered the transaction, representing the Office Depot Inc. and procuring Linear Retail as the buyer. West Marine Plaza brings Linear Retail’s expanding portfolio to 58 properties in New England.

Commercial & Industrial