Spire Investments Acquires Commercial Property In Danvers, MA For $1.7M

A commercial property located at 3 Federal Street in Danvers, MA has been sold for a transaction price of $1,700,000. The property spans across 27,878 square feet, resulting in a price per square foot of $61.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $1,700,000
• Address: 3 Federal Street, Danvers, MA
• Market: Danvers, MA

The seller of the property was Lee Realty Trust, while Spire Investments, represented by Jay Goldberg, acted as the buyer. Mark Stevens from the Stevens Group served as the seller's representative, and Brian DApice from Mega Group represented the buyer.