Boston-based NorthBridge CRE Advisors LLC, backed by a local investor group, has acquired 30 Burlington Mall Road in Burlington.

The 12,500-square-foot special use building sold for $4.17 million. It is 100 percent leased to long-term tenant Knowledge Universe Education, the largest early childcare provider in the U.S., which operates under names such as KinderCare and Knowledge Beginnings.

The seller was MKC Capital Limited Partnership, a partnership based out of Ireland.  Bob Cleary and Rick Robinson of DTZ brokered the sale on behalf of the seller.

“We are thrilled to be acquiring a high performing, long term leased asset situated in the heart of the Burlington market,” said Greg Lauze, managing partner of NorthBridge.

Lauze and Managing Partner Dean Atkins founded NorthBridge CRE Advisors in the fall of 2014. Lauze had previously worked with private equity real estate firms including Colony Realty Partners in Boston and The Blackstone Group in New York. Atkins was an attorney in the commercial real estate group at Mintz Levin.  Most recently, he was senior vice president at Transwestern | RBJ.