News: Brokerage

Nohrden and Burgess of Burgess Properties sell 43,000 s/f for $4.3 million

Malden, MA Burgess Properties Inc., one of Greater Boston’s premier suburban commercial brokerage firms, has sold Malden’s “Golden Bell Building” located at 22-44 Eastern Ave. The 43,000 s/f centrally-located retail and office building is a short walk to Malden’s Orange Line T Station and was fully leased at the time of sale.

Malden-based investor Andreas Tsitos purchased the property from Beverly-based Goldberg Properties. Steve Nohrden and Phil Burgess of Burgess Properties, Inc. were the sole brokers in the transaction.

MORE FROM Brokerage

Goldberg of Spire Investments purchases Beverly portfolio for $9.2m

Beverly, MA Jay Goldberg, president and owner of Spire Investments has completed the purchase of four multifamily buildings. The 33-unit purchase amounted to a sale price of $9.2 million or $278,788 per unit. The properties are all located in downtown and consist of one- and two-bedroom units.
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