Issue link: https://nebusinessmedia.uberflip.com/i/698784
www.wbjournal.com Book of Lists 2016 • Worcester Business Journal 49 Notable commercial sales Ranked by sales price Address Price Area in square feet Buyer/broker Seller/broker 1 White City Shopping Center, 50 Boston Turnpike Shrewsbury $97 million 260,000 Inland National Real Estate Service/NA Charter Realty & Development, Acadia Realty Trust/CBRE 2 Wayland Town Center, 305 Boston Post Road Wayland $68 million 191,000 BOS Retail 1 LLC/CBRE Twenty Wayland/CBRE 3 Plantation Ridge, 505-509 Plantation St. Worcester $65.75 million 316,000 * Audubon Plantation Ridge LLC/CBRE TGM Associates/CBRE 4 112 Barnum Road Devens $36 million 391,591 NA/CBRE Hackman Capital Partners, Calare Properties of Hudson/CBRE 5 90, 100, 110, & 120 Front St. Worcester $32.5 million 331,302 Front Street Associates LLC/Kelleher & Sadowsky Associates Worcester Renaissance Towers LLC/Kelleher & Sadowsky Associates, Jones Lang LaSalle 6 Westborough Technology Park, 4 & 8 Technology Drive Westborough $24.5 million 214,000 FD Special Opportunities III-a LLC/Colliers International Gateway Sherwood Inc./Colliers International 7 900 West Park Drive Westborough $21.16 million 193,230 eClinicalWorks/Jones Lang LaSalle EMC Corp./Jones Lang LaSalle 8 The Shops at the Pond, 601 Donald Lynch Blvd. Marlborough $21.1 million 104,125 RK Centers/NA Kimco Realty Corp./CBRE 9 One and Two Chestnut Place Worcester $14 million 222,625 Hertz Investment Group/NA NA/NA 10 80 Central St. Boxborough $13.5 million 150,000 Piedmont 80 Central/Transwestern|RBJ TR Boxborough/Transwestern|RBJ 11 300 Friberg Parkway Westborough $6.2 million 78,455 Signature Healthcare/Jones Lang LaSalle Campanelli Trigate/Jones Lang LaSalle 12 227-233 South St. Hopkinton $5.35 million 43,000 Precision Digital Corp./R.W. Holmes Realty Mar S. Maple Realty Trust/R.W. Holmes Realty 13 44 Bearfoot Road Northborough $4.7 million 45,000 Solomon Pond Crossroads LLC/O'Brien Commercial Properties FPK Realty LLC/Greater Boston Commercial Properties Inc. 13 630 Forest St. Marlborough $4.7 million 50,000 Yellow Brick LLC/New Dover Associates Inc. 630 Forest Street Realty LLC, Forest Street Realty LLC/New Dover Associates Inc. 15 207 Greenwood St. Worcester $4.25 million 136,876 Rand-Whitney Container LLC/Kelleher & Sadowsky Associates Spirit SPE Portfolio 2006-4, LLC/Kelleher & Sadowsky Associates 16 75 Bolton St. extension Marlborough $4.15 million 13,000 Arak LLC/Parsons Commercial Group Yorkshire Realty Trust/Parsons Commercial Group 17 428 Main St. Hudson $4 million 81,268 RJ Kelly/Greater Boston Commercial Properties Inc. Main Hudson Realty Trust/Greater Boston Commercial Properties Inc. 18 Laurel Hill Apartment Complex 11 Whitney Circle and 1–17 Temple St. Auburn $3.95 million 10,000 ** Micozzi Management/Kelleher & Sadowsky Associates Laurel Hill Realty Inc./Kelleher & Sadowsky Associates 19 125 Depot St. Bellingham $2.59 million 87,200 Bellingham Investments Inc./Greater Boston Commercial Properties Inc. R&T Realty Corp./Greater Boston Commercial Properties Inc. 20 8-10 Post Office Square Acton $2.55 million 70,000 Associated Environmental Systems/Jones Lang LaSalle Milton Roy/Jones Lang LaSalle 21 50 Bearfoot Road Northborough $2.5 million 62,000 All Care Plus Inc./Kelleher & Sadowsky Associates Bearfoot Realty Inc./Cushman & Wakefield 22 40 Bearfoot Road Northborough $2.45 million 63,840 Amerco Real Estate Co./Transwestern|RBJ Campanelli CQ Northborough LLC/ Transwestern|RBJ 23 Greenleaf Park, 307 Grafton St. Shrewsbury $2.4 million 10,300 Costas Pantazis/CS Holdings/Kelleher & Sadowsky Associates Frank & June Tomaiolo/Kalamat, LLC/Kelleher & Sadowsky Associates 24 70 Quinsigamond Ave. Worcester $1.95 million 65,000 Lutco Inc./Kelleher & Sadowsky Associates A.M. Castle & Company/Kelleher & Sadowsky Associates 25 200 Shrewsbuy St. Boylston $1.58 million 51,566 Landscaping Etc. Inc./Kelleher & Sadowsky Associates Commerce Bank & Trust/Kelleher & Sadowsky Associates Sources: News reports, commercial real estate brokerage firms and land records for 2015. Note: NA = not available * Approximation is based on 330 apartment units with an average size of 959 square feet. ** 44-unit apartment complex - Compiled by: Stephanie R. Meagher, smeagher@nebsuinessmedia.com Sold on the strength of improvements to the grounds as well as being fully-leased. Located off of Route 9 in Worcester, a market-rate complex consisting of three five-story buildings with 330 units. Sale price traded on the strength of being located so close to the Solomon Pond Mall. With this purchase, the California-based Hertz Investment Group added the combined 222,625 square feet of office space to more than 15.2 million square feet of office space it owns in 16 U.S. cities. Last sold in 1998 for $275,000 and includes 6.51 acres of land. Fully leased to a Rite Aid pharmacy.