News: Front Section
Posted: December 16, 2022
Nohrden of Burgess Properties handles $24.5 million purchase for Quaker Lane
Malden, MA Burgess Properties, LLC has brokered the sale of 180/184 Charles St. for $24.45 million.
The 64,300 s/f building on 3.8 acres has been the longtime home of awning company, Sunsetter Products – currently the asset’s sole tenant. The property is situated one block from the Malden Orange Line T and Commuter Rail Stop and close to major highways. Boston-based Quaker Lane Capital, which has other assets in the city, acquired the property.
The city is seeing a transformation in recent years, with many new developments under way, especially around its transit-oriented downtown.
Steve Nohrden of Burgess Properties was the sole broker.
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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