Burgess Properties Facilitates $7.5M Industrial Sale On Griffin Way In Chelsea, MA

The industrial property located at 25 Griffin Way in Chelsea, MA was recently sold for a total price of $7,500,000. The property spans across 25,000 square feet, resulting in a price per square foot of $300. Situated on 1.27 acres of land, the property was valued at approximately $5,905,511 per acre.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,500,000
• Address: 25 Griffin Way, Chelsea, MA
• Market: Chelsea, MA
• Size: 25,000 square feet
• Price per Square Foot: $300
• Acres: 1.27
• Price per Acre: $5,905,511

The sale of the property was facilitated by Steve Nohrden from Burgess Properties. Steve Nohrden represented the parties involved in the transaction.