Fidelity Investments Affiliate Acquires Shaw's Grocery Store In Worcester For $31M With NorthMarq
14 West Boylston Street
$31,000,000
$464/SF
Building Size
66,682 SF
Asset Type
Retail
Closing
Mar 18, 2026
AI
The transaction involved a retail property located at 14 West Boylston Street in Worcester, MA. The asset comprises a Shaw’s grocery store with a total size of 66,682 square feet. The sale price for the property was set at $31,000,000, translating to a price per square foot of $465.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $31,000,000
- Square Footage: 66,682
- Price Per Square Foot: $465
- Address: 14 West Boylston Street
- Market: Worcester, MA
The deal was facilitated by brokers Josh Dicker and Zachary Pool, both representing NorthMarq. This sale marks Massachusetts’ largest single-tenant grocery transaction for the year 2025, with the property being acquired by a Fidelity Investments affiliate.
Players
Worcester Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93