The Micozzi Companies Acquires Multifamily Property In Medford, MA For $19.1M

The multifamily property located at 965-983 Fellsway in Medford, MA has been sold for a price of $19,100,000. The transaction took place on 05/02/2022. The property consists of 60 units, with an average price per unit of $318,333. The total square footage of the property is 55,224, resulting in a price per square foot of $346.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $19,100,000
• Address: 965-983 Fellsway, Medford, MA
• Market: Medford, MA
• Buyer: The Micozzi Companies
• Seller: Celeste Associates
• Brokers: John Flaherty, Chris Sower, Jon Bryant, Bruce Lusa & Kevin Jones - Cushman & Wakefield

The Micozzi Companies acted as the buyer in this transaction, while Celeste Associates represented the seller. The deal was facilitated by brokers John Flaherty, Chris Sower, Jon Bryant, Bruce Lusa, and Kevin Jones from Cushman & Wakefield. Their expertise and negotiation skills played a crucial role in bringing this transaction to fruition.