Acquisition Criteria
Linear Retail Properties, LLC is a retail real estate acquisition and operating company founded in 2003 by William J. Beckeman, in partnership with Principal Enterprise Capital, a subsidiary of the Principal Financial Group ®.
The Company has acquired $250 Million of retail property since its inception, and seeks to invest another $100 Million in Eastern Massachusetts, Rhode Island, Southern New Hampshire and Southern Maine in the next year.
Our specific criteria are:
Geography
- Eastern Massachusetts (including Cape Cod)
- Rhode Island
- Southern New Hampshire
- Southern Maine
Property Size and Price
- 10,000 to 125,000 square feet (smaller for urban retail)
- $1,000,000 to $15,000,000 Typical
- Strip centers; freestanding stores; urban retail condos; urban mixed-use properties; and portfolios
Property Characteristics
- Convenience-oriented retail real estate
- Specialty storefront retail
- Stabilized
- Value-Added
- Development/Redevelopment
Linear Retail acquires "convenience-oriented" retail strip centers, specialty storefronts retail, free-standing stores and mixed-use properties with widely varying characteristics. Properties may be fully stabilized, well-performing properties or may be in need of rehabilitation or retenanting.
Linear Retail Advantages
- Strong institutional sponsorship with local discretion
- No financing contingencies
- Fast, professional, confidential process
- Will assume above-market, low LTV debt
- Brokers protected
For more information or to submit properties for purchase, contact:
Aubrey E. Cannuscio
Partner
Senior Vice President – Acquisitions
Phone: 781-273-5665 x202
Fax: 781-273-5683
Email: aubrey@linearretail.com
James E. Clifford
Vice President – Acquisitions
Phone: 781-273-5665 x204
Fax: 781-273-5683
Email: jclifford@linearretail.com
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