Burgess Properties Brokers $11.85 Million Malden Office Building Sales

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Malden, MA— Burgess Properties Inc. announced that it has brokered the sale of
15-23 Pleasant Street, 11 Dartmouth Street, and 17 Dartmouth Street in Malden for a total of $11,850,000.

The three parcels, which sit in Malden’s Opportunity Zone, comprise two fully-leased multitenanted office and retail buildings on a total of 34,696 SF of land. The properties are located only one block from the Malden Orange Line T and Commuter Rail Stop.

NY-based North River Malden II sold the property to Boston-based affiliates of Quaker Lane Capital.

Steve Nohrden of Burgess Properties, Inc. was the sole broker in these transactions.