The property at 125 Goddard Memorial Drive in Worcester, MA, is a 176,000 square feet last-mile distribution facility that was sold for $52,000,000. The asset, fully redeveloped in 2020 and 2021, is situated south of the Worcester Regional Airport and strategically located less than four miles from Interstate 290 for excellent regional connectivity.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $52,000,000.00
• Address: 125 Goddard Memorial Dr, Worcester
• Market: Worcester
• Buyer: Tritower Financial Group
• Seller: RJ Kelly
• Brokers: Robert Griffin, Edward Maher, Matthew Pullen, Tony Coskren, Samantha Hallowell, Brian Pinch

Newmark's J.R. McDonald provided leasing expertise for the transaction at 125 Goddard Memorial Drive. Lisa McDuffie, a seasoned professional in the commercial real estate field, transitioned to ConnectCRE, leveraging her extensive experience as a communications director in the REALTOR® world. Her unique background in supporting commercial real estate practitioners adds valuable industry insights to the deal.