William J. Beckeman, with Linear Properties, tells GlobeSt.comthat the off-market acquisition from locally based GFY RealtyLimited Partnership, is just one of several the firm plans to buyin New England in the upcoming months.
"We've only invested a third of the capital allocated to us sowe have a lot more buying to do," says Beckeman.
The company's latest acquisition is located at 75 Newbury St.just north of the Route 114 interchange on Route 1. It counts amongits tenants Circle Furniture, Eastern Butcher Block, CaliforniaClosets, Heartwood Kitchen, European Wood Floors and InnuWindow.Linear Retail also owns Centre Street Village in Danvers, a27,415-sf shopping center located on Route 1 South.
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