I
n a recent transaction in the Greater Boston industrial market, Nordlund Associates announced the sale of a 5,895-square-foot property at 58 Swan Street in Medford, Massachusetts. The building changed hands for $1,250,000.

    Christopher Everest and Brenden McCarthy of Nordlund Associates represented the seller, 58 Swan Realty Holdings, LLC. The property offers flexible industrial space on a 0.19-acre lot, with convenient access to major transit routes. Its versatile zoning makes it suitable for various commercial uses, including light industrial or owner-occupant purposes.

    The sale reflects a growing trend of small business owners acquiring their own space as lease rates rise. With limited inventory and strong demand in the Medford submarket, properties like this remain highly sought-after. Nordlund Associates is a full-service commercial real estate brokerage firm that specializes in commercial and industrial property transactions.