facebook
Traded Co logo
Submit a Deal
10 Chestnut Street
SOLD

Synergy Investments Acquires Office Building In Worcester, MA For $10.5M

10 Chestnut Street

Office
273,304 SF
clock iconSold 1 year ago
the dealplayerscompscontact
share iconContact now

Summary

Sale
MASSACHUSETTS
Office
273,304 sqft

The office property located at 10 Chestnut Street in Worcester, MA has been sold. The transaction took place on March 2, 2023, with a sale price of $10,500,000. The property spans 273,304 square feet and the price per square foot was $38. The buyer of the property is Synergy Investments, while the seller is Hertz Investment Group. The deal was facilitated by brokers Brian Johnson and Jim Umphrey of Kelleher & Sadowsky.

Summary of transaction details:

  • Property Type: Office
  • Sale Price: $10,500,000
  • Square Footage: 273,304 SF
  • Price per Square Foot: $38
  • Buyer: Synergy Investments
  • Seller: Hertz Investment Group
  • Brokers: Brian Johnson & Jim Umphrey - Kelleher & Sadowsky

This transaction represents a significant deal in the office market of Worcester, MA. Synergy Investments, led by Brian Johnson and Jim Umphrey of Kelleher & Sadowsky, successfully acquired the property from Hertz Investment Group at a price of $10,500,000. The office building on Chestnut Street offers a total of 273,304 square feet of space, providing ample opportunities for various business purposes. This deal highlights the active real estate market in Worcester, MA and the strong presence of both Synergy Investments and Hertz Investment Group in the region.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Jim Umphrey's profile picture
Jim Umphrey
Kelleher & Sadowsky-image
Principal
$55.8M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Jim Umphrey & Brian Johnson DATE: 03/02/2023 ADDRESS: 10 Chestnut Street MARKET: Worcester, MA ASSET TYPE: Office BUYER: Synergy Investments SELLER: Hertz Investment Group (@HertzInvestmentsGroup) BROKERS: Brian Johnson & Jim Umphrey - Kelleher & Sadowsky (@KelleherSadowsky) SALE PRICE: $10,500,000 SF: 273,304 ~ PPSF: $38

View on map

Loading...

Address10 Chestnut Street

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want