Transactions

35 Tioga Way Marblehead, Ma 01945 Represented the Seller of this industrial and office building which sold in November of 2023 for $925,000. The buyer will use the building for boat and automotive repairs.
414 Broadway Lynn, Ma Long time bank building sold to local investor for redevelopment. This is a 2,645 s.f. drive through bank branch with full basement. Parking for 25 cars. Drumlin Group was sole broker for this $1,275,000 transaction.
266-286 Canal Street Salem, Ma Sold several adjacent properties to a developer which will build 250 apartment units. Formerly a restaurant, boat yard and multi-tenant retail and industrial building on over ten acres of land. $5.7 million acquisition price with considerable demolition of existing buildings. Located opposite Salem State University at the rail trail.
3 Central Street Peabody, Ma Sole broker for the sale of this long standing Dunkin Donuts property. The purchaser was an investor group. The sales price was $1,250,000. The property is a prominent corner lot location in Peabody Square.
990 Paradise Road Swampscott, Ma Drumlin Group represented the Seller in the sale of this modern medical and professional office building located in the Vinnin Square area of Swampscott. The building was fully leased at the time of sale. The Seller remained as a tenant in the building. The purchase price was $3,829,457.
103 Foster Street Peabody, Ma 01960 Sole broker for this $1,375,000 sale of this industrial complex in downtown Peabody. There are about 35,000 s.f. of floor area in the three buildings on a site having 1.84 acres of land. The complex is under lease to one tenant and the buyer is an investor/developer.
144 Canal Street Salem, Ma 01970 Represented the Landlord in this lease to Starbucks. This is a prominent corner lot location near Salem State University and part of the University Square development. The store has a drive through window.
207 Highland Avenue Salem, Ma Drumlin Group was the sole broker for this sale of a multi tenant commercial building on a 3+ acre lot. There were two vacant spaces at the time of sale and Davita Dialysis occupied about one third of the building. The sales price was $4,365,000.
112 Market Street Lynn, Ma Drumlin Group sold this bank anchored office building for $3,450,000 to a local investor. The three story building was fully leased and provided a drive through window for the bank. The building is well located on the corner of two busy streets in the Lynn Central Business District. Drumlin Group previously sold the property to the Seller.
125 Washington Street Salem, Ma Sold this fully leased mixed use building to an investor group. Drumlin Group originally sold the building to the Seller and Seller completely renovated the building. Drumlin Group assisted with the leasing of the building to the current restaurant and office tenants. The sales price was $3,360,000 and Drumlin Group was the sole broker involved in the transaction.
275 Lafayette Street Salem, Ma 01970 Sole broker for this $875,000 sale of a school building to a developer who will re-developed the site after seeking zoning approvals.
146 High Street Ipswich, Ma Sole broker for this $7,400,000 sale of a grocery anchored 37,000 s.f. shopping center. Shaw's Supermarket is the anchor tenant in this recently renovated plaza which was sold by it's original developer. The buyer is a north shore family owned commercial real estate investment firm.
42-62 Central Street Georgetown, Ma Sold this 32,000 s.f. grocery anchored shopping center to a north shore family owned real estate investment company. The Seller was the original owner of the property. Drumlin Group was the sole broker for this $7,400,000 transaction. This is the Georgetown Crossing Shopping Center which is anchored by Crosby's Market and TD Bank.
64 Holten Street Danvers, Ma Drumlin Group sold this property for it's non-profit owner to a developer who plans to convert the office building into nine apartments plus first floor commercial space. The sales price was $1,300,000.
63 Front Street Marblehead, Ma Tucker's Wharf is a series of four buildings fronting along Marblehead Harbor. Included in the sale was the historic Driftwood Restaurant property. Drumlin Group represented the Seller of this property in a $1,875,000 transaction.