Nohrden of Burgess Properties Brokers the Sale of Malden Building for $2.55 Million


MALDEN— Burgess Properties Inc. announced that it has brokered the $2.55 million sale of One Salem Street in Malden, MA with Karen Yu of Phoenix Real Estate Partners.

One Salem Street is a highly visible 15,825 RSF office building at the downtown Malden intersection of Main, Salem, and Ferry Streets. The Malden MBTA Orange Line stop is located two blocks away, and the building is situated in the middle of Malden’s resurgent restaurants, shops, and new residential developments.

Steve Nohrden of Burgess Properties, Inc. represented the Seller, GAMA Realty Holdings, LLC and Karen Yu of Phoenix Real Estate Partners LLC represented the buyer, Cambridge-based investor, Alpha Business Center, LLC.


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