Nohrden of Burgess Properties handles $24.5 million purchase for Quaker Lane

December 16, 2022 - Front Section

Malden, MA Burgess Properties, LLC has brokered the sale of 180/184 Charles St. for $24.45 million. 

The 64,300 s/f building on 3.8 acres has been the longtime home of awning company, Sunsetter Products – currently the asset’s sole tenant. The property is situated one block from the Malden Orange Line T and Commuter Rail Stop and close to major highways. Boston-based Quaker Lane Capital, which has other assets in the city, acquired the property. 

The city is seeing a transformation in recent years, with many new developments under way, especially around its transit-oriented downtown. 

Steve Nohrden of Burgess Properties was the sole broker. 

 

Tags:

Comments

Add Comment