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

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.