Former Worcester School / Nearby Industrial Property Totaling 92,000 SF Traded By Marcus & Millichap
May 01, 2021
50 Richard Street, Worcester MA
WORCESTER — Marcus & Millichap’s Boston office recently completed the sales assignment of two properties in Worcester. 50 Richland Street, a 75,000 square foot educational property sold for $2,450,000. Nearby 26 Cambridge Street, a 21,832-square foot industrial property sold for $625,000, according to Thomas Shihadeh, regional manager of the firm’s Boston office.
Harrison Klein, an investment specialist at Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a developer, was secured and represented by Klein and Mark Lyman, investment specialists in Marcus & Millichap’s Boston office.
“These two transactions couldn’t be more different but are both good testaments to the strong activity we are seeing in Worcester right now,” affirmed Mark Lyman. “We’re excited to get these to the finish line and continue doing business in this city.” Klein furthered, “This marks The Klein Group’s seventh and eighth closings in Worcester in under two years. The resiliency of this market through Covid-19 is a testament to the strength of the urban renewal boom that has revitalized Worcester over the past decade.”
26 Cambridge Street, Worcester MA
-
160 Seabury Street, Fall River MA
April 19, 2024
Full Story
Real Briefs
Hajjar Secures $10.6M from Rockland Trust to Convert Former Fall Church into 46-MR Units
April 19, 2024
Fall River — Hajjar Management secured $10.6 million in financing from Rockland Trust for the redevelopment of the 151-year-old
-
820-828 Blue Hill Ave, Dorchester MA
April 08, 2024
Full Story
Real Briefs
M&M’s Griffith/Pepdjonovic Sell 20-Unit Dorchester Multifamily for $5.296 Million
April 08, 2024
Boston – Evan Griffith and Tony Pepdjonovic of Marcus & Millichap’s Griffith Pepdjonovic Group completed the sale of a 20-unit m
-
364 Littleton Street, Westford MA
April 05, 2024
Full Story
Real Briefs
Parent Company of 110 Grill Sells 28,500 SF Industrial Flex in Westford
April 05, 2024
Westford — ABG Commercial Realty facilitated the successful sale of 364 Littleton Rd, Westford, MA for $5.1 million. ABG's Berna
-
355 Littleton Road, Westford MA
April 02, 2024
Full Story
Real Briefs
ABG Inks Design/Build Firm to 3,000 SF Westford Retail Lease
April 02, 2024
Westford — Bernard Gibbons, Senior Vice President of ABG Commercial Realty, successfully facilitated a 3,000-square-foot retail
-
179 Lincoln Street, Boston MA
March 25, 2024
Full Story
Real Briefs
Greaney/Synergy Continue Buying Boston With Historic Beaux-Arts, Class-A 179 Lincoln
March 25, 2024
Boston — Fresh off tying up two Downtown class-A office buildings at 410 Atlantic Ave and 101 Arch Street (first reported on The