Issue link: https://nebusinessmedia.uberflip.com/i/1072353
18 Worcester Business Journal | January 21, 2019 | wbjournal.com Notable commercial sales in 2018 Ranked by sales price Address Price Area in square feet Buyer/broker Seller/broker 1 The Point at Marlborough, 21 Austen Way Marlborough $65 million NA (a) Pantzer Properties/NA Strategic Partners U.S./NA 2 Rotmans' distribution center, 100 Adams St. Clinton $27.8 million 344,000 (b) Marcus Partners/NA NorthBridge Partners/NA 3 190 Mechanic St. Bellingham $25.1 million 210,700 TH Real Estate/NA Guggenheim Real Estate/CBRE|NE 4 64 Jackson Road Devens $23 million 355,000 64 Jackson LLC/NA AMSC/NA 5 FedEx freight facility, 300 Bartlett St. Northborough $19 million 1,001,880 (c) NorthBridge Partners of Wakefield/NA Columbia Property Investors/NA 6 120 Front St. (d) Worcester $14.9 million 646,000 Chip Norton/NA Undisclosed/NA 7 Harr Motor Group dealership, Gold Star Blvd. Worcester $14.3 million 479,160 MG Gold Star Realty LLC/NA Charles Ribakoff/NA 8 959 Concord St. Framingham $13.3 million 75,996 Casey Brothers Trust/NA Colony Capital/Jones Lang LaSalle 9 150, 200 Donald Lynch Blvd. Marlborough $13.1 million 126,000 Minardi LP/Kelleher & Sadowsky Pondview JV Owner LLC/NA 10 100 Simplex Drive Westminster $13 million 700,000 NIP Owner IV LLC/NA 100 Simplex LLC/The Stubblebine Co. 11 Retail plaza, U.S. Route 9 Shrewsbury $12 million 110,000 Shrewsbury Crossing II LLC/NA KSI 481 LLC/NA 12 Holiday Inn, 265 Lakeside Ave. Marlborough $10.9 million NA (e) Spire Hospitality of Illinois/NA MF Investment Co./NA 13 753 Forest St. Marlborough $10.1 million 75,000 Nashoba Realty Trust/NA Calare Properties/Avison Young 14 33 New York Ave. Framingham $9.65 million 91,452 King Street Properties/Jones Lang LaSalle Gatehouse Media/Jones Lang LaSalle 15 38 Forge Parkway Franklin $9.2 million 79,478 Novaya Real Estate Ventures/NA TA Realty/Jones Lang LaSalle 16 261 Cedar Hill St. Marlborough $8 million 59,404 Nashoba Realty Trust/NA Calare Properties/Avison Young 17 16 Forge Parkway Franklin $7.93 million 120,000 Condyne Capital Partners/NA TA Realty/Jones Lang LaSalle 18 Sturbridge retail plaza, 178 Main St. Sturbridge $7 million 653,400 (f) Dragonfly Ibis Sturbridge LLC/NA EDENS/NA 19 1 Cabot Road Hudson $6.93 million 69,272 Creative Cabot LLC/R.W. Holmes Realty K&L Realty Inc./R.W. Holmes Realty Notable commercial sales in 2018 Ranked by sales price F O C U S C o m m e r c i a l R e a l E s t a t e Notable commercial leases in 2018 Ranked by square footage Notable commercial leases in 2018 Ranked by square footage Property Area in square feet Tenant Landlord Tenant broker/ landlord broker 1 9 Crystal Pond Road Southborough 166,604 Veritiv Operating Co. Cardinal Capital Jones Lang LaSalle/ CBRE|NE 2 180 Shrewsbury St. West Boylston 146,000 Bunzl Distribution Kelleher & Sadowsky WRT Shrewsbury Street/ Kelleher & Sadowsky 3 28 Millbury St. Auburn 139,334 Karl Storz Endoscopy America Inc. NA Rabina Properties/ Kelleher & Sadowsky 4 15 Chocksett Road Sterling 120,000 MA Solar Storage 1 LLC Kelleher & Sadowsky Rock Breakers LLC/ Kelleher & Sadowsky 5 12 Industrial Road Milford 102,590 Anixter Inc. CRP-3 Milford Kelleher & Sadowsky/ Jones Lang LaSalle 6 67 Millbrook St. Worcester 85,203 Worcester Business Center Kelleher & Sadowsky UMass Memorial Realty/ Kelleher & Sadowsky 7 100 Hartwell St. West Boylston 84,300 Stuart C. Irby Co. 100 Hartwell LLC A. Murray Real Estate LLC/ NAI Glickman, Kovago & Jacobs 8 33 New York Ave. Framingham 63,000 Replimune King Street Properties NA/ NA 9 Knowledge Park, 2, 4, 5 Mount Royal Ave. Marlborough 62,000 SCS Building Maintenance, Operica, Colonial Power Group, undisclosed others CB Equities Dartmouth Property Management/ R.W. Holmes Realty 10 Trolley Yard Plaza, Park Ave. and Grove St. Worcester 55,000 Starbucks, Chipotle Mexican Grill, Orangetheory Fitness, Hot Table Panini, Sprint, Gentle Dental, Alpha Nail Bar Galaxy Development NA/ NA 11 31 Wells St. Worcester 51,000 Nibco Inc. Kelleher & Sadowsky GFI Northboro Street/ Kelleher & Sadowsky 12 1 Innovation Drive Worcester 49,548 Charles River Laboratories Inc. NA One Innovation Drive Inc./ Kelleher & Sadowsky 13 15, 25 Wells and 25 Optical Drive Southbridge 47,100 Metalogic Industries LLC Kelleher & Sadowsky Southbridge Associates II LLC/ Kelleher & Sadowsky 14 2-8 Craig Road Acton 45,000 AVNET OIM O'Brien Commercial Properties/ NA 15 111 Adams Road Clinton 40,000 Bunzl Distribution Kelleher & Sadowsky 111 Adams Road LLC/ Kelleher & Sadowsky 16 4-10 Saint Mark St. Auburn 36,584 General Insulation Saint Mark Realty LLC Cushman & Wakefield/ NAI Glickman Kovago & Jacobs 17 11 Dana Hill Road Sterling 35,000 IEWC Undisclosed NA/ NAI Glickman Kovago & Jacobs 18 1 C St. Auburn 34,400 Foster Corp. Masterman's LLP NAI Glickman Kovago & Jacobs/ NA 19 11 Apex Drive Marlborough 31,466 Synopsys Ryan Development Jones Lang LaSalle/ CBRE|NE 20 12 Latti Farm Millbury 29,003 Inventory Solutions Inc. First American Realty Inc. NA/ Greater Boston Commercial Properties 21 398 Cedar Hill St. Marlborough 28,800 Veolia Metro Park-Marlboro Associates LP Jones Lang LaSalle/ NA 22 60 Webster Place Worcester 27,623 Polar Beverages 60 Webster Place LLC NA/ A. Murray Real Estate LLC 23 100 Pennsylvania Ave. Framingham 26,951 Applause App Quality RMR Group Jones Lang LaSalle/ T3 24 550 Cochituate Road Framingham 22,115 Leidos Medical Information Technology Inc. Jones Lang LaSalle/ CBRE|NE 54 324 Clark St. Worcester 10,867 Massachusetts Department of Developmental Services Kelleher & Sadowsky Worcester Investor Group LLC/ Kelleher & Sadowsky 55 36 Sword St. Auburn 10,500 Usherwood Office Technology NA Kelleher & Sadowsky/ NA 56 10 Mechanic St. Worcester 10,354 Wells Fargo NA Grant Building Realty Trust/ Kelleher & Sadowsky 57 8 Erie Drive Natick 10,200 Allurion Technologies 8 Erie Drive LLC Jones Lang LaSalle/ SVN Parsons Commercial 58 257 Simarano Drive Marlborough 9,837 Compliance Management Group NA NA/ O'Brien Commercial Properties Source: Commercial real estate brokerage firms, news reports and property records from 2018. Notes: For the full list of 58 commercial leases, see WBJ's digital edition. NA = not available. - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com Source: Commercial real estate brokerage firms, news reports and property records from 2018. Notes: For the full list of 58 commercial leases, see WBJ's digital edition. NA = not available. - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com