Tritower Financial Group Acquires Industrial Property In Worcester, MA For $52M

The industrial property located at 125 Goddard Memorial Dr in Worcester, MA has been sold in a closed transaction. The property spans 176,000 square feet and is classified as an industrial asset. The sale price for this transaction was $52,000,000, resulting in a price per square foot of $295.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $52,000,000

The buyer of the property was Tritower Financial Group, while the seller was RJ Kelly. The transaction was facilitated by a team from Newmark Boston Capital Markets Group, consisting of brokers Robert Griffin, Edward Maher, Matthew Pullen, Tony Coskren, Samantha Hallowell, and Brian Pinch.