Lingling Xu Of Sunrise Education Realty Inc Acquires Office In Burlington For $2.16M

The property asset involved in this transaction is an office located at 89 Cambridge Street in Burlington, MA. It was sold for a total amount of $2,160,000. The asset comprises a single unit with a total square footage of 7,526, resulting in a price per square foot of $287.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $2,160,000
• Units: 1
• Square Footage: 7,526
• Price per Square Foot: $287
• Buyer: Lingling Xu - Sunrise Education Realty Inc
• Seller: Rikki Razdan
• Buyer's Representative: Herb Entwistle - Douglas Elliman
• Seller's Representative: Micah Stubblebine - The Stubblebine Company
• Buyer's Attorney: James Heffernan - Rich May & P.C.

This transaction sees Herb Entwistle representing the buyer, Sunrise Education Realty Inc, while Micah Stubblebine represents the seller, Rikki Razdan. The acquisition marks the establishment of Sunrise's second daycare location, enhancing their portfolio following the success of their Natick center.