Worcester Business Journal

Book of Lists 2019

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wbjournal.com | Book of Lists 2019 | Worcester Business Journal 55 R E A L E S T A T E F O C U S Notable commercial sales Ranked by sales price in 2018 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 692,305 100 Simplex LLC/The Stubblebine Co. NIP Owner IV 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 20 10 Trotter Drive Medway $6.6 million 120,000 Spencer Technologies/Jones Lang LaSalle Cybex International/CBRE|NE 21 Boston Post Road, U.S. Route 20 Marlborough $6.3 million 20,000 (g) CH Retail Fund II/Boston Marlborough Shops LLC/NA Marlborough/Northborough Land Realty Trust/NA 22 88 Huntoon Memorial Highway Leicester $6.15 million 180,000 East Coast Organics/Kelleher & Sadowsky RDJ Realty LLC/Kelleher & Sadowsky 23 5,7,9 Latti Farm Road Millbury $5.6 million 178,000 Undisclosed/A. Murray Real Estate LLC Boston Globe Properties LLC/Kelleher & Sadowsky 24 175 Millwood St. Framingham $5.5 million 3,001,284 (h) Millwood Residential LLC/NA Millwood Farms Golf Course Inc./New Dover Associates Inc. 25 2200 W. Park Drive Westborugh $5.2 million NA (i) Carruth Capital/NA PNC Financial Services of Pittsburgh/NA 26 189 Mechanic St. Bellingham $5.15 million 40,000 J. McDonald/R.W. Holmes Realty TMC Holdings & Dev LLC/R.W. Holmes Realty 27 16 Chocksett Road Sterling $5.1 million 78,757 Biomedical Polymers/The Stubblebine Co. The Cycles 2003 Realty Trust/Kelleher & Sadowsky 28 201 Flanders Road Westborough $4.9 million 64,200 RJ Kelley Acquisitions/R.W. Holmes Realty Westboro Flanders Investors/R.W. Holmes Realty 29 101 Bishop St. Framingham $4.85 million 44,272 Green Brick Development LLC/NA Siegal LLC/New Dover Associates Inc. 30 100 Hartwell St. West Boylston $4.78 million 180,418 100 Hartwell LLC/Kelleher & Sadowsky 100 Hartwell Associates/NA 31 33 Sword St. Auburn $4.7 million 75,000 F.W. Webb/NA Carmichael Realty Trust/NA 48 Shrewsbury $2.7 million 688,248 (l) Jacobs John Lebeaux/NAI Glickman Kovago & Jacobs 49 1029-1041 Main St. Worcester $2.7 million NA (m) Landmark Apartments LLC/NA Salisbury Worcester LLC/NA 50 1 Exchange St. Worcester $2.5 million 60,000 BradyMac Capital Advisory/NA Maykel family/NA 51 39 Main and 8 Depot Square Leominster $2.4 million 26,205 Peter Fondini and Frank Lallos/Kelleher & Sadowsky Lacee Beaulieu/NA 52 104 Otis St., Units 21-28 Northborough $2.18 million 27,185 LT Otis LLC/NA KJG Otis Street LLC/New Dover Associates Inc. 53 445 Whitney St. Northborough $2.15 million 22,000 (n) Hosokawa Alpine American/NA N&B Realty/NA 54 18 Chestnut St. Worcester $1.9 million 300,000 Chestnut Street Properties LLC/NA Paul Revere Life Insurance Co./NA 55 61 Brigham St. Marlborough $1.7 million 24,000 Empire Management Corp./NA Marlboro Brigham LLC/O'Brien Commercial Properties 56 304 Turnpike Road Southborough $1.6 million 8,880 Falco Investments LLC/Greater Boston Commercial Properties Undisclosed/Greater Boston Commercial Properties 57 215 Ayer Road Harvard $1.6 million 6,800 (o) 215 Ayer LLC/NA Harvard Associates LLC/Touchstone Commercial Partners 58 786 Hartrford Turnpike Shrewsbury $1.56 million 10,892 Ransford Environmental Solutions/NA Foley Realty Trust/Greater Boston Commercial Properties 59 288 Grove St. Worcester $1.55 million 40,000 Timothy Rassias/NAI Glickman Kovago & Jacobs David Granquist/NAI Glickman Kovago & Jacobs 60 82 Huntoon Memorial Highway Leicester $1.53 million 36,000 Rick Uras/NA Minuteman Packaging Corp./Kelleher & Sadowsky 61 121 Higgins St. Worcester $1.5 million 31,200 O'Hara & Buthray Associates/Kelleher & Sadowsky Harold Slovin Trust/NA 62 3-5 Rugby St. Worcester $1.48 million 15,151 Wayne Hicks/Coldwell Banker Murray Rugby Street LLC/NAI Glickman Kovago & Jacobs 63 6 H Putnam Road Charlton $1.45 million 20,000 DG Mashal Associates/NAI Glickman Kovago & Jacobs JTM Realty Trust/NAI Glickman Kovago & Jacobs 64 35 Hastings St. Mendon $1.3 million 348,480 (p) Hastings Street Plaza LLC/NA Dawn Phaneuf and Russell Brown/NA 65 17 Washington St. Auburn $1.3 million 92,347 (q) Bees LLC/Bushari Real Estate 151 Hartford Turnpike LLC/NAI Glickman Kovago & Jacobs 66 79-81 Gold Star Blvd. Worcester $1.25 million 10,930 Lisciotti Development/NA Girl Scouts of Central Mass./NAI Glickman Kovago & Jacobs 67 108-118 Great Road Stow $1.2 million 17,000 Summer Street Properties LLC/O'Brien Commercial Properties 108 Great Road Properties LLC/NA 68 80-82 Northboro Road Marlborough $1.18 million 7,233 ACF Northboro Realty LLC/NA BPR Equity Partners LLC/O'Brien Commercial Properties 69 211 Shrewsbury St. West Boylston $1.17 million 27,696 DeWolfe Contracting/A&E Realty 211 Shrewsbury St. LLC/NAI Glickman Kovago & Jacobs 70 315-317 Southwest Cutoff Worcester $1.1 million 11,000 ABS Real Estate LLC/NA 315-317 Southwest Cutoff Trust/A. Murray Real Estate LLC 71 3-3A Industrial Drive Shrewsbury $1.1 million 8,000 3 Industrial Drive LLC/SVN Parsons Commercial BKL Development LLC/A. Murray Real Estate LLC 72 40 Southville Road Southborough $1 million 8,000 Mass Venture Properties Group LLC/ Greater Boston Commercial Properties 40 Southville Road LLC/NA Sources: Commercial real estate brokerage firms, news reports and land records for 2018. Notes: Sales where neither the buyer nor seller could be confirmed are not included. This list has been updated since originally published on Jan. 21, 2019. For the full list of more than 70 commercial sales, see WBJ's digital edition. NA = not available (a) Nine-building, 72-acre residential complex (b) Additional 20 acres (c) 23 acres (d) Part of restructuring of the Mercantile Center (e) Four-story, 173-room hotel (f) 15 acres (g) Additional 6.5 acres (h) 68.9 acres (i) Four-story office building (j) Additional 32 acres (k) Three-building residential complex (l) 15.8 acres (m) 16 apartment units (n) Additional two acres (o) Additional 3 acres (p) Eight-acre property includes restaurant and driving range. (q) 2.12-acre mobile home park - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com

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