News: Brokerage

Linear Retail signs 2,500 s/f Wellesley Theatre Project

According to Linear Retail Properties, LLC, Wellesley Theatre Project has signed a lease to join their Central Plaza shopping center located in downtown on Central St. The Massachusetts 501C3 non-profit corporation will occupy 2,500 s/f. Wellesley Theatre Project is currently operating summer camps out of Wellesley Middle School and caters to youth, pre-K to twelfth grade. The non-profit is run by teaching artists, theatre professionals, experts in theatre operations and design and technical directors. Their current performances include Sleeping Beauty, Seussical the musical and Legally Blonde, the musical. Hillary Drew, executive director and co-founder of Wellesley Theatre Project said, "We are thrilled to have our own space on Central Street in downtown Wellesley. This location is a big step forward for our program. We are thankful to have so much support from the Wellesley community." Joel Kadis, partner of leasing at Linear Retail said, "Wellesley Theatre Project will provide an exciting new service to the community and fit in nicely with our existing retailers including Wellesley Books, GAP, Boloco, Alta Strada, Gretta Luxe, Citibank, Gustare Oils & Vinegars and Miniluxe. We're very fortunate to have Wellesley Theatre Project join us." Based in Burlington, Mass., Linear Retail is a leading acquirer, operator and owner of retail properties in New England. Linear Retail owns 62 retail properties including convenience-oriented strip shopping centers, specialty storefront retail in select downtown neighborhoods, smaller, well-located centers in dominant retail destination corridors, net leased single tenant retail properties and urban retail condos.
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Prescott IOS secures lease of 151 Rivermoor St. for Eastern Bus Co. at 151 Rivermoor St. in West Roxybury

West Roxbury, MA Prescott IOS has arranged an industrial outdoor storage lease for Eastern Bus Company at 151 Rivermoor St. David Skinner and Devon Wagner of Prescott IOS represented the tenant, while Caroline Munn nd Rob Byrne of CBRE represented the landlord, Feeney Brothers Real Estate. The 40,000 front foot site gives the bus operator secured yard space close to the routes it serves across Boston and the inner suburbs.
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