NAI Hunneman Commercial negotiated the sale of a four-property portfolio totaling 327,000 square feet in Worcester, Mass. The value of the portfolio, located on the Worcester Commons, was $14.2 million. The properties sold include: the 215,000-square-foot Bancroft Commons, a mid-rise residential/retail property with 188 residential apartment units, the 83,000-square-foot Park Plaza, a mid-rise residential/retail property containing 90 residential units and three retail spaces that total 50,000 square feet, including a White Hen Pantry convenience store, the Preservation Worcester Building, a mid-rise office building with 16,000 square feet of office space, and a 13,000-square-foot parking lot located on 514-522 Main St. Connecticut-based Belfonti Associates sold the property to R...
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