Burgess Properties has brokered the sale of 2 Electonics Ave. for $2.54 million.
Situated on almost two acres of land, 2 Electronics Ave. is a single-story, 17,000 s/f warehouse building located on Rte. 1. The building was fully leased at the time of the sale.
Stephen Nohrden of Burgess Properties, Inc. was the sole broker in the transaction. Nohrden represented the seller, Rauseo & Co., Inc., and procured the buyer, Matthew Piccione. Piccione is a Winchester-based investor and developer and owner of Kendall Relocating Company.
Rauseo & Co., Inc is a Danvers-based commercial property development firm, owned by Michael Rauseo.
Founded in 1997, Burgess Properties is one of Greater Boston's premier suburban full-service commercial brokerage firms specializing in the sale and leasing of office, industrial and other commercial properties.