Elan Sassoon Acquires Development Site At 35 Cedar Street In Somerville For $4,335,000

The asset involved in this transaction is a development site located at 35 Cedar Street in Somerville, MA. The sale price was $4,335,000, with a building square footage of 16,000. The price per building square foot was calculated at $270.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $4,335,000
• Address: 35 Cedar Street
• Market: Somerville, MA
• Building Square Footage: 16,000
• Price per Building Square Foot: $270
• Buyer: Elan Sassoon
• Seller: Julian Lewis
• Broker Representatives: Ryan Taylor & Brayden Haney - Fortune Realty

The transaction involved Elan Sassoon as the buyer, acquiring the development site from seller Julian Lewis. The deal was facilitated by brokers Ryan Taylor and Brayden Haney from Fortune Realty, representing the interests of the parties involved in this transaction.