Zakos of Vidal/Wettenstein negotiates $1.1m sale to CHS Rlty.
Scott Zakos, partner of Vidal/Wettenstein, LLC, has sold 25 Rachel Dr. to CHS Realty. CHS Realty, an affiliate of Commercial Heating Supply, purchased the industrial facility from Ernest Bodnar for $1.1 million, or approximately $84 per s/f.
Built in 1970, the building measures 13,058 s/f on a little less than a half-acre. Commercial Heating Supply was the property's sole tenant at the time of purchase. It will continue occupying the building as a distribution center for its products.
Zakos of Vidal/Wettenstein LLC represented both parties in the transaction.
Woburn, MA Reveneer has relocated its global inside sales operation from Burlington to Woburn. Formerly headquartered on Burlington Mall Rd., the firm now occupies 9,800 s/f at Cummings’ landmark TradeCenter 128 business and technology campus.