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Linear Retail Properties LLC Acquires Two Boston Properties For $3.3M

Jan 15, 2014 | Reprints | Unlock Link | Print

50 Salem St. Burlington-based Linear Retail Properties LLC has bought two properties in Boston’s North End and Back Bay neighborhoods for more than $3.3 million.

The company acquired 48-50 Salem St. in the North End for $2.08 million. The two-story, 1,920-square-foot property is occupied by Goody Glover’s Bar & Bistro and a Bank of America ATM.

Linear Retail Properties LLC bought 249 Newbury St. for $1.37 million. The Back Bay property is a single retail condominium unit totaling 991 square feet. It is located in a four-story brownstone built in 1881 and is currently vacant. Christina Tiemann of Coldwell Banker Commercial NRT represented the seller and procured the buyer

The separate transactions both closed on Dec. 30.

Commercial & Industrial