Jones Lang LaSalle (JLL) has closed the sale of 98 George P. Hassett Dr. on behalf of seller Springstep Foundation, Inc. The modern 16,308 s/f first class office building was purchased by Chesterton Capital, LLC for $2 million.
Executive vice president Ted Wheatley and senior vice president Dan Kollar led the JLL team. Chesterton Capital was represented by NAI Hunneman executive vice president and principal Trey Agnew and senior vice president Scott Dragos.
The four-story building with covered parking is located at the intersection of Rte. 60 and I-93 in Medford Sq. across from Medford City Hall. It features quality finishes, cutting edge architecture, a glass façade, and an abundance of natural light. Constructed in 2003, it was originally used as a community cultural center, and the buyer is considering converting into a mixed-use office and retail facility.