The Seyon Group Acquires Warehouse In Chelsea From Burgess Properties For $7.48M

The property involved in the transaction is a 60,000 square foot, two-story warehouse and office building located at 150 Eastern Ave in Chelsea, MA. The asset was sold to The Seyon Group for $7,480,000.00.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $7,480,000.00
• Address: 150 Eastern Ave, Chelsea, MA, 02150
• Market: Chelsea
• Seller's Rep: Phillip Burgess (Burgess Properties), Stephen (Steve) Nohrden
• Buyer: The Seyon Group
• SF: 60,000

Phil Burgess and Steve Nohrden of Burgess Properties served as the sole brokers in this transaction. Burgess Properties, marking its 20th anniversary, is a prominent suburban full-service commercial brokerage firm in Greater Boston, specializing in office, industrial, and other commercial properties.