McLaughlin of McLaughlin Investments arranges $2.15 million sale

May 22, 2014 - Front Section

165-169 Bedford Street - Burlington, MA

John McLaughlin of McLaughlin Investments, Inc., acting as exclusive marketing agents, has completed the $2.15 million sale of 165-169 Bedford St. The property was sold by Carol and Joseph Romano to Thomas Cote. McLaughlin represented the buyer and seller.
The property improvements consist of two mixed use buildings totaling 20,100 s/f on 2.04 acres. The complex is known as Romano Plaza which services a variety of tenant groups including retail, medical and office.
The buildings are constructed of steel and wood frame on slab, covered with block and vinyl siding, rubber membrane and asphalt shingle roof, gas fired FHA heat and 100% air conditioned.
As a corporate neighbor to Network Dr., amenities abound due to the planned Northwest Park redevelopment and Sun Micro Campus being the largest first-class office parks in Greater Boston. 165-169 Bedford St. will benefit from this visible corporate presence and enhances employee lifestyles, with outstanding amenities for food, fitness, restaurants, and shopping. Romano Plaza has highway access to Rtes. 3/62/128 and The Middlesex Tpke./ Network Dr. Business District which is serviced by MBTA public transportation to Alewife Station (red line) in Cambridge and Lowell via the LRTA/Lowell regional Transport Authority. Furthermore, Bedford St. is 18 miles from down town Boston, 25 minutes from Nashua, NH, 10 minutes to Hanscom Air Field, Bedford, and 30 minutes from Logan Airport.
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