Nohrden of Burgess Properties brokers $11.85 million sale of Malden office buildings

January 31, 2020 - Front Section
15-23 Pleasant Street - Malden, MA
Steve Nohrden

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.