Linear Retail Properties LLC has bought a 2,865-square-foot retail condo at 304 Newbury St. in Boston, Massachusetts. The $2.25 million purchase is the firm’s third on Newbury Street, and includes the garden and first-floor levels.

Linear Retail partnered with Boston Real Estate Collaborative LLC (BREC) on the deal, with BREC purchasing three of the building’s upper floors, which are residential apartments.  Linear and BREC have converted the property into a condominium structure.

"Creating the condo structure with Boston Real Estate Collaborative in a short time-frame  was the key to this deal, allowing each party to focus on what they do best," said Aubrey Cannuscio, head of acquisitions at Linear Retail. "We are excited to make improvements to the property and bring exciting new retail to this rapidly transforming block of Newbury Street."

The property is a five-story brownstone building located in Boston’s Back Bay neighborhood between Gloucester and Hereford streets. The first floor is occupied by a UPS Store. The garden-level is currently available for lease.

The 304 Newbury St. purchase is Linear’s 10th in Boston, and expands their New England portfolio to 59 properties.