Issue link: https://nebusinessmedia.uberflip.com/i/1514652
16 Worcester Business Journal | January 22, 2024 | wbjournal.com Notable commercial sales Ranked by sales price ((11)) Property Price/ square footage Property type Buyer/ seller Listing broker 1 100 Arbor Drive (2) The Commons at Haynes Farm Shrewsbury $88,330,000 470,437 Multi-family (3) Bridge Investment Group Harbor Group International LLC Newmark 2 39 Briarwood Lane (2) The Heights at Marlborough Marlborough $87,750,000 492,948 Multi-family (4) Bridge Investment Group Harbor Group International LLC Newmark 3 155 Ames St. Talia Apartments Marlborough $74,025,436 355,415 Multi-family (5) The DSF Group Fairfield Residential CBRE 4 141 Broadmeadow St. (2) The Meadows at Marlborough Marlborough $64,750,000 244,282 Multi-family (6) Bridge Investment Group Harbor Group International LLC Newmark 5 301 Bartlett St. (7) Crossroads Industrial Park Northborough $47,500,000 220,106 Industrial LBA Realty TA Realty Colliers 6 307 Central St. Highlands at Hudson Hudson $39,500,000 220,595 Multi-family (8) TruAmerica Multifamily Inc. Jefferson Apartment Group N/A 7 22 Flutie Pass (2) AMC Dine-In Framingham 16 Framingham $32,675,024 85,000 Retail Urban Edge Properties SITE Centers N/A 8 1 Worcester Road (2) Shoppers World Framingham $32,038,507 200,764 Retail (9) Urban Edge Properties SITE Centers N/A 9 150 Hayes Memorial Drive (7) Crossroads Industrial Park Northborough $31,350,000 167,438 Industrial LBA Realty TA Realty Colliers 10 176 Grove St. (2) Franklin $29,500,000 169,968 Industrial Westbrook Partners Marcus Partners Inc. CBRE 11 26 Whittier St. (2) BJ's Wholesale Club Framingham $28,092,000 114,481 Retail Agree Realty Corp. Inland Real Estate Group of Cos. Inc. Newmark 12 206 Grove St. (2) Franklin $28,000,000 150,000 Industrial Westbrook Partners Marcus Partners Inc. CBRE 13 40 Kenwood Circle (7) Kenwood Industrial Park Franklin $22,611,919 120,000 Flex Investcorp Franchi Management Co. Inc. Colliers 14 1 Worcester Road (2) Shoppers World Framingham $21,401,295 159,064 Retail (9) Urban Edge Properties SITE Centers N/A 15 1 Worcester Road (2) Shoppers World Framingham $21,058,074 103,218 Retail (9) Urban Edge Properties SITE Centers N/A 16 210 Grove St. (2) Franklin $19,500,000 166,750 Industrial Westbrook Partners Marcus Partners Inc. CBRE 16 17 Gilmore Drive (2) Sutton $19,500,000 116,823 Industrial Westbrook Partners Marcus Partners Inc. CBRE 18 6 Pioneer Drive North Oxford $19,000,000 92,622 Industrial R+ L Carriers Old Dominion Freight Line N/A 19 1 Worcester Road (2) Shoppers World Framingham $17,706,408 119,977 Retail (9) Urban Edge Properties SITE Centers N/A 20 1224 Worcester Road (7) Framingham Plaza Framingham $15,320,366 61,817 Retail (10) RK Centers Orion Real Estate Group Atlantic Retail 21 25 Kenwood Circle (7) Kenwood Industrial Park Franklin $14,888,081 85,000 Flex Investcorp Franchi Management Co. Inc. Colliers 22 24 Newton St. (7) Southborough $13,347,063 98,200 Office Thomas Park Investments D-K Development Inc. N/A 23 50 Oriol Drive Quality Inn & Suites Worcester Worcester $10,800,000 78,720 Hospitality Worcester Community Housing Resources Inc. Global Vision Hotels N/A Sources: CoStar, public property records and press releases. Note: N/A=not available. (1) Deals completed between June 1, 2023 and Jan. 5, 2024 were considered for this list. (2) Part of portfolio (3) 302 units (4) 348 units (5) 225 units (6) 264 units (7) Part of two-property sale (8) 158 units (9) Regional mall (10) Neighborhood center -Compiled by Stephanie R. Meagher, research@nebusinessmedia.com F O C U S R E A L E S T A T E