Linear Retail Properties Acquires Mixed Use Property In Wellesley, MA For $12.25M

Linear Retail Properties has recently acquired a mixed-use asset in Wellesley, MA for a total sale price of $12,250,000. The property, located at 25-35 & 53-61 Central Street, spans approximately 17,000 square feet and was sold at a price per square foot of $721.

Summary of transaction details

• Property Type: Mixed Use
• Transaction Amount: $12,250,000
• Address: 25-35 & 53-61 Central Street, Wellesley, MA
• Market: Wellesley, MA

The sale was facilitated by Marilyn Santiago of SVN Parsons Commercial Group, acting as the broker for Linear Retail Properties in this transaction.