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News:
Owners Developers & Managers
Posted: October 25, 2012
Nohrden of Burgess Properties Inc. brokers $3.925 million sale of 11-unit apartment building
Burgess Properties Inc. has brokered the sale of an 11-unit apartment building at 275 Marlborough St. for $3.925 million. The well maintained property located on the "sunny side" of Marlborough St. was delivered vacant at the time of the sale. The seller, Belmont-based Underwood Realty Trust, once owned several apartment buildings in the Back Bay, but the sale of 275 Marlborough St. marks the end of their holdings in the area. The buyer is Woburn-based 275 LLC, whose trustee, Matthew Piccione, owns and operates office, industrial, and multifamily properties throughout the greater Boston area.
Steve Nohrden of Burgess Properties was the sole broker in this transaction.
Burgess Properties is one of the city's premier suburban full-service commercial brokerage firms specializing in the sale and leasing of office, industrial and other commercial properties.
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