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Owners Developers & Managers
Posted: January 31, 2020
Nohrden of Burgess Properties brokers $11.85 million sale of Malden office buildings
Malden, MA Burgess Properties Inc. has brokered the sale of 15-23 Pleasant St., 11 Dartmouth St., and 17 Dartmouth St. for a total of $11.85 million.
The three parcels, which sit in the city’s Opportunity Zone, comprise two fully-leased multi-tenanted office and retail buildings on a total of 34,696 s/f of land. The properties are located one block from the Orange Line T and Commuter Rail stop.
NY-based North River Malden II sold the property to Boston-based affiliates of Quaker Lane Capital.
Steve Nohrden of Burgess Properties, Inc. was the sole broker.
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