Burlington, MA - May 05, 2006 - 77 South Bedford LLC purchased 77 S. Bedford St. in Burlington from Aramantil Inc. for $18.35 million, or approximately $130 per square foot.

The five-story, 142,339-square-foot office building was built in 1985 on 6.5 acres. The property has a parking ratio of 3.6:1,000 and features a fitness center and cafeteria.

The buyer purchased the property for investment purposes. Approximately 33,000 square feet is available for lease.

Christopher Devaux of Parsons Commercial Group was the sole broker for this transaction.