A $16 million buy-back of a piece of property on Lowell Street at a recent public auction was transacted because the property was in need of more capital to pay for improvements. The sale, recorded by the Southern Essex District Registry of Deeds office is for property at 535 Lowell Street. It was transacted because the property needed additional capital, according to Nate … [Read more...] about More capital needed for improvements at 535 Lowell St., says buyer