Barry Lundgren And Dave Fontaine Jr Acquire Mixed-Use Portfolio In Worcester For $7.25M
Massachusetts
See Similar DealsBarry Lundgren And Dave Fontaine Jr Acquire Mixed-Use Portfolio In Worcester For $7.25M
10 East Worcester Street, 14 East Worcester Street & 89 Shrewsbury Street
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The transaction involved a mixed-use portfolio located at 10 East Worcester Street, 14 East Worcester Street, and 89 Shrewsbury Street in Worcester, MA. The sale price was $7,250,000, covering an area of 83,769 square feet across 2.17 acres. The price per square foot is noted at $87.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $7,250,000
- Address: 10 East Worcester Street, 14 East Worcester Street & 89 Shrewsbury Street
- Market: Worcester, MA
- Square Footage: 83,769
- Price per Square Foot: $87
- Buyer: Barry Lundgren - Lundgren Equity Partners & Dave Fontaine Jr - Fontaine Bros
- Broker: Harrison Klein - Marcus & Millichap
- Acres: 2.17
The deal was brokered by Harrison Klein from Marcus & Millichap, facilitating the purchase by Barry Lundgren and Dave Fontaine Jr, who formed a new partnership called 89 Shrewsbury Street LLC for this acquisition.
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