ABG Commercial Arranges $8 Million Sale of Medford Industrial Asset to Empire Management Corporation

The property asset involved in the transaction is located at 118 Mystic Avenue in Medford, MA. This industrial asset spans 28,672 square feet and has a sale price of $8,000,000, translating to a price per square foot of $279.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,000,000
• Address: 118 Mystic Avenue
• Market: Medford, MA
• Square Footage: 28,672
• Price Per Square Foot: $279
• Buyer: Empire Management Corporation
• Seller: Marcus Partners
• Buyer's Representative: Bernard Gibbons - ABG Commercial Realty

The deal was facilitated by Bernard Gibbons from ABG Commercial Realty, who represented the buyer, Empire Management Corporation, during the transaction. The seller was Marcus Partners, a notable entity in the market.