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Owners Developers & Managers
Posted: October 11, 2024
Jacob of Burgess Properties, LLC and Cyrier of Mansard arrange $2.4 million sale to Lechmere Rug Co.
Medford, MA Burgess Properties, LLC, one of Greater Boston’s premier suburban commercial brokerage firms, has brokered the sale of 161-163 Mystic Ave. for $2.4 million.
The 5,137 s/f building on 0.32 acres had been used as an auto parts supply store. The property is directly on Mystic Ave., with access to major routes and highways.
The buyer, Lechmere Rug Co. plans to renovate and occupy the newly acquired building.
Jeremy Cyrier of Mansard represented the seller and Charlie Jacob of Burgess Properties, LLC represented the buyer in this transaction.
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