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wbjournal.com | January 23, 2017 | Worcester Business Journal 15 Notable commercial sales Ranked by sales price Address Price Area in square feet Buyer/broker Seller/broker 1 1 Avalon Way Shrewsbury $60.5 million NA * Audubon Capital Partners/NA AvalonBay Communities Inc./CBRE|NE 2 25 Tucker Drive Leominster $31.5 million 588,000 Key Mass LLC/NA Calare Properties/NA 3 11 Forbes Road Northborough $21 million NA Capri EGM/NA GN11 Forbes Road LLC/NA 4 Residence Inn, Framingham Technology Park 400 Staples Drive Framingham $18 million NA ** Lowe Enterprises Investors (LEI)/NA Hersha Hospitality Trust/NA 5 261 Cedar Hill and 753 Forest St. Marlborough $14 million 134,404 Calare Properties/NA Wheelock Street Capital Novaya Real Estate Ventures/Colliers International 6 Residence Inn 275 Norwood Park South Norwood $14 million NA *** Lowe Enterprises Investors (LEI)/NA Hersha Hospitality Trust/NA 7 Greendale Mall Worcester $11.8 million 309,000 Seyfarth Shaw LLP/NA Simon Property Group/NA 8 20 Harvard Road Littleton $10.75 million 305,400 Patriot Beverage LLC/NA Littleton Holdings LLC/CBRE|NE 9 85 Prescott St. Worcester $8 million 14,351 Grove Street Family Properties/NA 85 Prescott Holdings LLC/Kelleher & Sadowsky Associates 10 350 Hopping Brook Road Holliston $7.2 million 106,250 **** Atlantic Importing/New Dover Associates Inc. Atlantic-Holliston Realty LLC/Jones Lang LaSalle 11 910 Washington St. Dedham $6.45 million 22,388 Dedham MOB LLC/R.W. Holmes Realty Visions Realty LLC/R.W. Holmes Realty 12 134 Flanders Road Westborough $5.75 million 57,000 134 Flanders Road LLC/New Dover Associates Baltic Westborough LLC/New Dover Associates 13 57 E. Main St. Westborough Downtown Crossing Westborough $5.5 million 56,699 Astero Management LLC/NA East Main Street Building 57 LLC/Greater Boston Commercial Properties Inc. 14 3, 20 & 29 Harvard Road, King St. former Sunny Delight bottling facility Littleton $4.6 million 718,740 Littleton Holdings/NA NA/NA 15 21 Strathmore Road Natick Business Park Natick $3.9 million 15,504 Sunshine Technologies Holding Corp./New Dover Associates Inc. Signature Homes GMG 21 Strathmore Road LLC/New Dover Associates Inc. Signature Homes 16 287 Grove St. Worcester $3.8 million NA ***** Galaxy Development/NA WRTA/Kelleher & Sadowsky Associates 16 311 Main St. Worcester $3.8 million NA Cliff Rucker/NA Exchange Associates Real Estate Trust/Kelleher & Sadowsky Associates 18 4 Tech Circle Natick $3.6 million 36,000 4 Tech LLC/R.W. Holmes Realty American Medical Response/Jones Lang LaSalle 19 251 Locke Drive Marlborough $3.46 million 160,000 BAC Locke (Boston Andes Corp.)/Jones Lang LaSalle STAG II Marlborough 2 LLC/Jones Lang LaSalle Sources: News reports, commercial real estate brokerage firms and land records for 2016. Note: NA = not available * 251 units ** 125-suite hotel *** 96-suite hotel **** An additional 12.78 acres ***** 5.3 acres - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com Notable commercial sales BRINGING HEALTHCARE TO LIFE www.reliantmedicalgroup.org 16-122 WBJ Book of Lists banner ad.indd 1 5/25/2016 4:31:40 PM Notable commercial sales Ranked by sales price Address Price Area in square feet Buyer/broker Seller/broker 1 1 Avalon Way Shrewsbury $60.5 million NA * Audubon Capital Partners/NA AvalonBay Communities Inc./CBRE|NE 2 25 Tucker Drive Leominster $31.5 million 588,000 Key Mass LLC/NA Calare Properties/NA 3 11 Forbes Road Northborough $21 million NA Capri EGM/NA GN11 Forbes Road LLC/NA 4 Residence Inn, Framingham Technology Park 400 Staples Drive Framingham $18 million NA ** Lowe Enterprises Investors (LEI)/NA Hersha Hospitality Trust/NA 5 261 Cedar Hill and 753 Forest St. Marlborough $14 million 134,404 Calare Properties/NA Wheelock Street Capital Novaya Real Estate Ventures/Colliers International 6 Residence Inn 275 Norwood Park South Norwood $14 million NA *** Lowe Enterprises Investors (LEI)/NA Hersha Hospitality Trust/NA 7 Greendale Mall Worcester $11.8 million 309,000 Seyfarth Shaw LLP/NA Simon Property Group/NA 8 20 Harvard Road Littleton $10.75 million 305,400 Patriot Beverage LLC/NA Littleton Holdings LLC/CBRE|NE 9 85 Prescott St. Worcester $8 million 14,351 Grove Street Family Properties/NA 85 Prescott Holdings LLC/Kelleher & Sadowsky Associates 10 350 Hopping Brook Road Holliston $7.2 million 106,250 **** Atlantic Importing/New Dover Associates Inc. Atlantic-Holliston Realty LLC/Jones Lang LaSalle 11 910 Washington St. Dedham $6.45 million 22,388 Dedham MOB LLC/R.W. Holmes Realty Visions Realty LLC/R.W. Holmes Realty 12 134 Flanders Road Westborough $5.75 million 57,000 134 Flanders Road LLC/New Dover Associates Baltic Westborough LLC/New Dover Associates 13 57 E. Main St. Westborough Downtown Crossing Westborough $5.5 million 56,699 Astero Management LLC/NA East Main Street Building 57 LLC/Greater Boston Commercial Properties Inc. 14 3, 20 & 29 Harvard Road, King St. former Sunny Delight bottling facility Littleton $4.6 million 718,740 Littleton Holdings/NA NA/NA 15 21 Strathmore Road Natick Business Park Natick $3.9 million 15,504 Sunshine Technologies Holding Corp./New Dover Associates Inc. Signature Homes GMG 21 Strathmore Road LLC/New Dover Associates Inc. Signature Homes 16 287 Grove St. Worcester $3.8 million NA ***** Galaxy Development/NA WRTA/Kelleher & Sadowsky Associates 16 311 Main St. Worcester $3.8 million NA Cliff Rucker/NA Exchange Associates Real Estate Trust/Kelleher & Sadowsky Associates 18 4 Tech Circle Natick $3.6 million 36,000 4 Tech LLC/R.W. Holmes Realty American Medical Response/Jones Lang LaSalle 19 251 Locke Drive Marlborough $3.46 million 160,000 BAC Locke (Boston Andes Corp.)/Jones Lang LaSalle STAG II Marlborough 2 LLC/Jones Lang LaSalle Sources: News reports, commercial real estate brokerage firms and land records for 2016. Note: NA = not available * 251 units ** 125-suite hotel *** 96-suite hotel **** An additional 12.78 acres ***** 5.3 acres - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com Notable commercial sales Ranked by sales price Address Price Area in square feet Buyer/broker 1 1 Avalon Way Shrewsbury $60.5 million NA * Audubon Capital 2 25 Tucker Drive Leominster $31.5 million 588,000 Key Mass LLC/NA 3 11 Forbes Road Northborough $21 million NA Capri EGM/NA 4 Residence Inn, Framingham Technology Park 400 Staples Drive Framingham $18 million NA ** Lowe Enterprises 5 261 Cedar Hill and 753 Forest St. Marlborough $14 million 134,404 Calare Properties/NA 6 Residence Inn 275 Norwood Park South Norwood $14 million NA *** Lowe Enterprises 7 Greendale Mall Worcester $11.8 million 309,000 Seyfarth Shaw 8 20 Harvard Road Littleton $10.75 million 305,400 Patriot Beverage 9 85 Prescott St. Worcester $8 million 14,351 Grove Street 10 350 Hopping Brook Road Holliston $7.2 million 106,250 **** Atlantic Importing/New 11 910 Washington St. Dedham $6.45 million 22,388 Dedham MOB 12 134 Flanders Road Westborough $5.75 million 57,000 134 Flanders 13 57 E. Main St. Westborough Downtown Crossing Westborough $5.5 million 56,699 Astero Management 14 3, 20 & 29 Harvard Road, King St. former Sunny Delight bottling facility Littleton $4.6 million 718,740 Littleton Holdings/NA 15 21 Strathmore Road Natick Business Park Natick $3.9 million 15,504 Sunshine Technologies Associates Signature 16 287 Grove St. Worcester $3.8 million NA ***** Galaxy Development/NA 16 311 Main St. Worcester $3.8 million NA Cliff Rucker/NA 18 4 Tech Circle Natick $3.6 million 36,000 4 Tech LLC/R.W. 19 251 Locke Drive Marlborough $3.46 million 160,000 BAC Locke Sources: News reports, commercial real estate brokerage firms and land records for 2016. Note: NA = not available * 251 units ** 125-suite hotel *** 96-suite hotel **** An additional 12.78 acres ***** 5.3 acres - Compiled by: Stephanie R. Meagher, smeagher@nebusinessmedia.com R E A L E S T A T E F O C U S