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DEDHAM, MA-Continuing its trend of buying smaller shopping centers in Eastern Massachusetts, Linear Retail purchased a 20,000-sf retail property here for $4.2 million. The acquisition was the fifth such transaction for Linear since September 2003.
"We were attracted to the tremendous visibility and identity on Route 1," Aubrey Cannuscio, senior vice president of acquisitions for Linear, tells GlobeSt.com. "We hope to purchase many more like it."
The property is located at 880-890 Providence Highway (Route 10 in Dedham), between the Dedham Mall and the Dedham Plaza. The retail site is fully occupied by three tenants--David's Bridal, Daddy's Junky Music and Mattress Giant.
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