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Owners Developers & Managers
Posted: February 7, 2020
Cyrier and Saulnier of MANSARD handle sale of 7,560 s/f flex property for $1.6m
North Reading, MA MANSARD facilitated the sale of 73 Concord St. for $1.6 million to Liconic Instruments. 73 Concord St. is a 7,560 s/f flex property that is situated on .97 acres. The building is being sold vacant.
Liconic Instruments was represented by The Stubblebine Company. Open to a wide variety of uses, 73 Concord St. features 73 feet of frontage, parking, one drive-in door and three dock high doors. The property is located near I-93.
Jeremy Cyrier, CCIM and Taylor Saulnier of MANSARD handled the sale. The seller hired MANSARD to find a buyer for their 7,560 s/f flex property, which they had been occupying for 40 years. MANSARD took the property to market with a public marketing process that procured over 50 buyer prospects, which generated six offers and the property sold for 114% of its asking price and 211% over assessed value.
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