Herb Chambers Acquires Office Building In Medford, MA For $20.5M

The office property located at 400 Mystic Ave in Medford, MA has been sold for a transaction amount of $20,500,000. The property spans a total area of 88,182 square feet, resulting in a price per square foot of $232. The sale took place on October 14, 2021.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $20,500,000
• Square Footage: 88,182
• Price Per Square Foot: $232
• Address: 400 Mystic Ave, Medford, MA
• Market: Medford, MA

The buyer of the property is Herb Chambers, while the seller is Eastern Bank, represented by Robert F. Rivers.

Please note that no additional information is available about the office property transaction.