Updated Sep 16, 2026
Empire Management Corporation Acquires Retail Property In Natick For $7.25 Million From PEC Realty LLC
321 Worcester Street
$7,250,000
$357/SF
Building Size
20,300 SF
Asset Type
Retail
Closing
Jun 30, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 321 Worcester Street, Natick, MA. The sale occurred for a price of $7,250,000, which translates to $357 per square foot for the 20,300-square-foot space.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,250,000
- Address: 321 Worcester Street, Natick, MA
- Market: Natick, MA
- Total Square Feet: 20,300
- Price Per Square Foot: $357
- Buyer: Empire Management Corporation
- Seller: PEC Realty LLC
- Broker: Bernard Gibbons - ABG Commercial Realty
This transaction was facilitated by Bernard Gibbons from ABG Commercial Realty, who represented the seller, PEC Realty LLC, in the sale to the buyer, Empire Management Corporation.
On the Map
$7,250,000
$357/SF
Retail
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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
2.19%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93