Paul Herrick, Frank Petz & Rob Schlesinger Facilitate $29M Sale Of Mixed-use Property In Danvers

The mixed-use property located at 75 Sylvan Street in Danvers, MA, was sold for $29,000,000. The property spans 275,931 square feet with a price per square foot of $105. The sale took place on 05/10/2024.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $29,000,000
• Address: 75 Sylvan Street
• Market: Danvers, MA
• SF: 275,931
• Buyer's Rep: Paul Herrick - Herrick Lutts Realty Partners
• Seller's Rep: Frank Petz & Rob Schlesinger - Colliers International; Matt Sherry

Paul Herrick of Herrick Lutts Realty Partners acted as the buyer's representative in the transaction, while Frank Petz and Rob Schlesinger from Colliers International, along with Matt Sherry, represented the seller. The deal involved key individuals from these real estate firms who facilitated the sale of the property.