Worcester Business Journal

WBJ Book of Lists 2026

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wbjournal.com | Book of Lists 2026 | Worcester Business Journal 35 Notable commercial sales Ranked by sales price ((11)) Property Price/ square footage Property type Buyer/ seller Listing broker 1 22 Mount Carmel Way Aria on the Row (2) Worcester $157,000,000 400,000 Multi-family (3) Eaton Vance Real Estate Investment Group Wood Partners and PGIM Inc. Walker & Dunlop Inc. 2 19 Royal Crest Drive (4) Royal Crest Marlborough $141,000,000 559,107 Multi-family (5) Harbor Group International, CBRE Investment Management Apartment Investment and Management Co. Walker & Dunlop Inc. 3 145 Front St. 145 Front at City Square Worcester $122,200,000 420,000 Multi-family (6) Jones Street Veris Residential Inc. Berkadia Commercial Mortgage LLC 4 266 Waverly St. The 266 Framingham Framingham $112,000,000 216,000 Multi-family (7) Nuveen Mill Creek Residential N/A 5 1-20 Laurel St. Plumley Village Worcester $100,000,000 443,349 Multi-family (8) Jonathan Rose Cos. and Schochet Cos. The Community Builders Inc. Newmark 6 117 Hospital Road Commonwealth Fusion Systems Devens $74,000,000 165,335 Industrial Pivotal Manufacturing Partners and Declaration Partners King Street Properties, The Baupost Group LLC CBRE Inc. 7 29 Duncannon Ave. (4) Wexford Village Apartment Homes Worcester $60,879,200 210,168 Multi-family (9) Harbor Group International and CBRE Investment Management Apartment Investment and Management Co. Walker & Dunlop Inc. 8 42 Terrace Drive Silver Leaf Terrace Leominster $39,830,000 185,250 Multi-family (10) Winn Cos. Silver Street Development Corp. Newmark 9 1-5 Sassacus Drive (11) Otis Street Park Westborough $37,300,000 164,387 Industrial EQT Real Estate Brookfield Property Group CBRE Inc. 10 78 Elm St. (12) Elmwood Park Hopkinton $33,642,936 112,498 Flex New Mountain Capital NorthBridge JLL 11 125 Fisher St. Westborough $32,600,000 198,531 Industrial J.P. Morgan Real Estate Income Trust Lincoln Property Co. N/A 11 350 Cochituate Road Lowe's Framingham $32,600,000 153,543 Retail The Mount Vernon Co. M & J Wilkow Atlantic Capital Partners 13 206 Grove St. Franklin $32,400,000 152,752 Industrial Ares Management Corp. Westbrook Partners Cushman & Wakefield 14 35 Littleton Road Devenscrest Village Ayer $32,000,000 155,928 Multi-family (13) Schochet Cos. Brady Sullivan Properties N/A 15 14 W Boylston St. Goldstar Crossing Worcester $31,000,000 66,682 Retail Fidelity Management & Research Co. LLC and Crosspoint Associates GID Investment Advisors LLC Northmarq 16 5 Suburban Road Highland West Worcester $25,725,000 106,088 Multi-family (14) The Micozzi Cos. FPA Multifamily LLC Cushman & Wakefield 17 128 Boston Post Road (15) BMW Sudbury Sudbury $25,400,000 75,063 Retail Asbury Automotive Group Herb Chambers Co. N/A 18 160 Maple St. Maplegate Country Club Bellingham $24,837,930 N/A Land NextGrid Inc Marc & Sally Winters American Commercial Real Estate 19 68 Elm St. (12) Elmwood Park Hopkinton $24,757,064 87,760 Flex New Mountain Capital NorthBridge JLL 20 25 Otis St. (11) Commerce Center Westborough $23,700,000 106,964 Industrial EQT Real Estate Brookfield Property Group CBRE Inc. 21 27 Otis St. (11) Commerce Center Westborough $20,450,000 107,211 Industrial EQT Real Estate Brookfield Property Group CBRE Inc. Sources: CoStar, public property records and press releases. Note: N/A=not available. (1) Deals completed between June 1, 2025 and June 1, 2026 were considered for this list. (2) Formerly known as Alta on the Row (3) 370 units (4) Part of a four-property portfolio (5) 473 units (6) 365 units (7) 270 units (8) 430 units (9) 264 units (10) 216 units (11) Part of a four-property sale (12) Part of a two-property sale (13) 114 units (14) 92 units (15) Part of a 49-property portfolio -Compiled by Stephanie R. Meagher, research@nebusinessmedia.com R E A L E S TAT E F O C U S 9,000-20,000 All industrial/ square feet flex buildings 2016 5.44% 11.16% 2017 2.84% 6.43% 2018 3.06% 5.16% 2019 2.07% 3.78% 2020 4.24% 4.58% 2021 2.84% 4.01% 2022 3.50% 5.13% 2023 3.87% 5.94% 2024 1.34% 4.69% 2025 1.66% 5.28% 2026 4.48% 6.86% Worcester industrial and flex space vacancy rates Vacancy rates for midsized industrial and flex properties in Worcester have been consistently lower than all buildings of these types. Source: CoStar

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