News: Owners Developers & Managers

ABG Commercial Realty sells 6,868 s/f office condo at at 389 Main St., Malden, MA for $1.1 million

Malden, MA ABG Commercial Realty has completed the sale of a full-floor office condo located at 389 Main St., Units 301–304, in Malden Sq. The 6,868 s/f third-floor space was purchased by Embrace Pathways to Wellness LLC for $1.1 million.

ABG Commercial Realty brokers Ana Oliveira and Bernard Gibbons represented the seller, Aphli LLC, in the transaction. The buyer, a multi-state wellness organization with offices in Peabody, Mass. and Florida, plans to fully renovate the space and relocate its local operations to the new space.

The property features a mix of office and lab space with expansive windows and vibrant natural light. Situated in Malden Sq., it offers amenities and access to banks, restaurants, shops, and public transit. The site is also accessible from Rtes. 1 and 60, I-93, and the Malden Center Orange Line station, making it accessible from downtown Boston, the North Shore, and surrounding suburbs.

“This space offered a unique opportunity for the buyer to secure a large, full-floor footprint in one of Malden’s most vibrant commercial corridors,” said Oliveira. “The property’s flexibility, visibility, and location made it a great fit for Embrace Pathways’ growing footprint.”

The swift transaction reflects sustained demand from owner-occupiers seeking well-located, adaptable spaces in transit-accessible urban submarkets. It also signals continued momentum in Malden’s evolving office landscape.

ABG Commercial remains active across Eastern Massachusetts, representing both landlords and business owners in strategic leasing and acquisition efforts.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains