North Cambridge Partners Acquires Development Site On Massachusetts Avenue, Cambridge For $12.5M
2400 Massachusetts Avenue
Development Site
Sold 94 days ago
Summary
An affiliate of North Cambridge Partners has acquired a development site located at 2400 Massachusetts Avenue in Cambridge, MA. This site has been purchased for $12,500,000 and will be used for a mixed-use project consisting of 60 condominium units.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $12,500,000
- Address: 2400 Massachusetts Avenue, Cambridge, MA
- Market: Cambridge, MA
- Buyer: North Cambridge Partners - Daniel Sibor
- Broker: David Lilley - ReMax Destiny Cambridge
The buyer, North Cambridge Partners represented by Daniel Sibor, has acquired the land to develop a 60-unit condominium project. This acquisition is part of their expansion plans in Cambridge, MA.
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2400 Massachusetts Avenue
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