Linear Retail Properties LLC, a Burlington-based firm that owns, develops, and operates retail properties in New England, said it paid $2.4 million to buy a 5,274 square foot retail property in Framingham.
Located near the entrance to a Jordan’s Furniture store and near both the Natick Mall and Shoppers World, the property is full leased with two tenants --- Stardust Jewelers and the Chinese Mirch restaurant, the firm said.
Linear Retail said this was its fourth acquisition of 2013.
In a statement, Aubrey Cannuscio, Linear Retail’s partner of acquisitions, said: “We are pleased to acquire our first property in the “Golden Triangle” retail corridor of Framingham. This property is an excellent addition to our growing, 68- property retail portfolio.”
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