1130 Eastern Ave. LLC Acquires 12,494 SF Industrial Property In Malden, MA For $2.4M

Burgess Properties has brokered the sale of a 12,494 square foot building on 0.44 acres in Malden, MA. The property, located at 1130 Eastern Ave., was purchased by 1130 Eastern Ave. LLC for $2.4 million. The transaction included renovations to the building, including a new roof, overhead doors, windows, and a potential expansion to 15,400 square feet.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $2,400,000
• Square Footage: 12,494
• Price per Square Foot: $192
• Address: 1130 Eastern Avenue, Malden, MA
• Market: Malden, MA

The buyer, 1130 Eastern Ave. LLC, is a subsidiary of Malden-based United Properties. The seller's representative in the deal was Daniel Dewing from Boston Realty Advisors. The buyer was represented by Steve Nohrden from Burgess Properties, LLC.