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Lundgren Equity Partners Acquires Retail Property In Webster, MA For $5.3M

70 Worcester Road & 84 Worcester Road
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This Retail property located in MA was sold for $5,325,000 almost 2 years ago. The brokers of the deal were James Glickman and Michael (Mike) Jacobs

The retail property located at 70 Worcester Rd & 84 Worcester Rd in Webster, MA has been sold. The transaction was completed on 06/24/2022. Lundgren Equity Partners, LLC acquired the property from Webster Market Realty, LLC for a total price of $5,325,000. The asset spans a total area of 57,000 square feet, resulting in a price per square foot of $75.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,325,000
  • Square Footage: 57,000
  • Address: 70 Worcester Rd & 84 Worcester Rd, Webster, MA
  • Market: Webster, MA

The deal was facilitated by James Glickman and Michael Jacobs from NAI Glickman Kovago & Jacobs, who represented both the buyer, Lundgren Equity Partners, LLC, and the seller, Webster Market Realty, LLC.

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Deals
  • Location
    70 Worcester Road, Webster, Massachusetts 01570, United States70 Worcester Road, Webster, Massachusetts 01570, United States
  • Sale Price
    $5,325,000$5,325,000
    $93 PPSF$93 PPSF
  • Area
    57,000 SF57,000 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

James Glickman

James Glickman

Deals6
Sold$44.9M

Agency

NAI Capital

NAI Capital

Agency
Deals428
Volume$2.7B

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Deal Summary

SALE IMAGE: James Glickman & Michael Jacobs DATE: 06/24/2022 ADDRESS: 70 Worcester Rd & 84 Worcester Rd MARKET: Webster, MA ASSET TYPE: Retail BUYER: Lundgren Equity Partners, LLC SELLER: Webster Market Realty, LLC BROKERS: James Glickman & Michael Jacobs (@Michael_Jacobs_Realtor) - NAI Glickman Kovago & Jacobs (@NAI.GKJ) SALE PRICE: $5,325,000 SF: 57,000 ~ PPSF: $75

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70 Worcester Road & 84 Worcester Road

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