News: Front Section
Posted: August 13, 2008
Phoenix Comm'l. completes $3.1m sale of 20,033 s/f medical office bldg.
Phoenix Commercial R.E. has completed the $3.1 million sale of the medical office building at 21 Main St. to North Reading Realty Group.
The three-story elevatored and handicapped accessible multi-tenanted property with 20,033 s/f was constructed in 1986 and completely renovated and updated for medical use in 1993.
Tenants are of medical professions and represent a variety of specialty practices including several long-time doctors in the area.
Mark Rosen of Phoenix represented the seller, K&R Realty Trust, and introduced the buyers, North Reading Realty Group, LLC. He is also in charge of future leasing.
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