Updated May 22, 2026
ABG Commercial Arranges $8 Million Sale of Medford Industrial Asset to Empire Management Corporation
118 Mystic Avenue
$8,000,000
$279/SF
Building Size
28,672 SF
Asset Type
Industrial
Closing
Feb 13, 2026
About this deal
AI
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.
On the Map
$8,000,000
$279/SF
Industrial
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Players
Medford Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93