Will Gilkeson Of Bridge Logistics Properties Acquires Industrial Facilities In Malden For $15.4M

The property involved in the transaction consists of two industrial facilities located at 185 Commercial Street and 197 Commercial Street in Malden, MA. The sale price for the assets was $15,400,000, and the total square footage of the properties is 61,145, resulting in a price per square foot of $251.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,400,000
• Location: 185 Commercial Street & 197 Commercial Street, Malden, MA
• Buyer: Will Gilkeson - Bridge Logistics Properties
• Seller: George Gregory - Northbridge Partners
• Broker: George O'Connor - Cushman & Wakefield
• Leasing Terms: 100% leased to Beacon Roofing Supply through 2031

Notably, Will Gilkeson represents Bridge Logistics Properties in the acquisition, while George Gregory represents Northbridge Partners, facilitating the transaction through George O'Connor of Cushman & Wakefield.