1130 Eastern Ave. LLC Acquires 12,494 SF Industrial Property In Malden, MA For $2.4M | 1130 Eastern Avenue | Daniel Dewing, Steve Nohrden | Industrial | Sale

Summary

Sale

MASSACHUSETTS

Industrial

12,494 sqft

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.

Players

All
4

Agents
2
Agencies
2

$15.8M Sold

$10.1M Sold

Boston Realty Advisors

Details

Deal Summary

SOLD

IMAGE: Daniel Dewing & Steve Nohrden DATE: 05/05/2023 ADDRESS: 1130 Eastern Avenue MARKET: Malden, MA ASSET TYPE: Industrial BUYER: 1130 Eastern Ave. LLC BUYER'S REP: Steve Nohrden - Burgess Properties, LLC SELLER'S REP: Daniel Dewing - Boston Realty Advisors SALE PRICE: $2,400,000 SF: 12,494 ~ PPSF: $192 NOTE: Burgess Properties has brokered the sale of a 12,494 s/f building on 0.44 acres in Malden, MA, for $2.4 million. The visible property, located at 1130 Eastern Ave., was purchased by 1130 Eastern Ave. LLC, a subsidiary of Malden-based United Properties, and will undergo renovation including a new roof, overhead doors, windows, and possible expansion to 15,400 s/f.

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Address1130 Eastern Avenue

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