Northbridge Partners Acquires Industrial Properties In Malden & North Dartmouth, MA

Two industrial properties located at 185 Commercial Street and 975 Reed Road in Malden and North Dartmouth, MA, were recently sold in a transaction facilitated by Langburd Realty Holdings and Northbridge Partners. The sale, brokered by Greg Cahill of Black Oak Property Advisors and Steve Nohrden of Burgess Properties, was completed on 12/17/2020 for a total price of $5,285,000.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $5,285,000
• Address: 185 Commercial Street & 975 Reed Road
• Market: Malden & North Dartmouth, MA

The seller, Langburd Realty Holdings, enlisted the representation of Greg Cahill from Black Oak Property Advisors in the negotiation process. On the buyer's side, Northbridge Partners sought the expertise of Steve Nohrden from Burgess Properties. The sale marks a successful transaction between the parties involved, further solidifying their presence in the industrial property market.

Note: Burgess Properties played a role in brokering this sale to Northbridge Partners, in coordination with Black Oak Property Advisors.