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The Seyon Group Acquires Warehouse In Chelsea, MA For $3.75M

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SOLD
$3,750,000

Massachusetts

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Warehouse33,000 SF
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SOLD

The Seyon Group Acquires Warehouse In Chelsea, MA For $3.75M

201 Crescent Ave, Chelsea, MA, 02150

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Warehouse33,000 SF
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Summary

MASSACHUSETTS
Asset Type:Warehouse
Price Per Square Foot:$113
Total Square Footage:33000 SF
Transaction Type:Sale

201 Crescent Ave in Chelsea, MA is a 33,000 square foot single-story warehouse/manufacturing building that was built 14 years ago. The property was sold for $3.75 million.

Summary of transaction details:

  • Property Type: Warehouse
  • Transaction Amount: $3,750,000.00
  • Address: 201 Crescent Ave, Chelsea, MA, 02150
  • Market: Chelsea
  • Seller's Rep: Phillip Burgess (Burgess Properties), Stephen (Steve) Nohrden
  • Buyer: The Seyon Group
  • SF: 33000

Both 150 Eastern Ave and 201 Crescent Ave were sold to The Seyon Group for a total of $11.225 million. The seller of 150 Eastern Ave was O’Brien Family II LLC, while the sellers of 201 Crescent Ave were principals of the owner/occupant, New England Lighting Company. Burgess Properties, specifically Phil Burgess and Steve Nohrden, were the sole brokers in these transactions. Burgess Properties has also been retained as the leasing agent for both properties.

Players

11 deals$81.5M volume
BROKER

PB
2 deals$11.2M volume
BROKER

The Seyon Group
BUYER

Details

SOLD
IMAGE: 201 Crescent Ave, Chelsea, MA, 02150 MARKET: Chelsea ASSET TYPE: Warehouse SELLER'S REP: Phillip Burgess(Burgess Properties), Stephen ( Steve) Nohrden() BUYER: The Seyon Group PRICE: $3,750,000.00 SF: 33000

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