Category Archives: commercial real estate

957 Boston Turnpike in Shrewsbury Sold

SHREWSBURY, MA – Michael C. Jacobs, Principal at NAI Glickman Kovago & Jacobs, recently facilitated the sale of 957 Boston Turnpike in Shrewsbury, MA. The 15.83 acre property was sold to WJC Enterprise, Inc. of Milford, MA. The Route 9 site is the newest home for Landscape Depot, Metrowest’s premiere wholesale and retail landscaping supply company with three locations. It is one of the area’s largest suppliers of natural and engineered stone, mulch, soil, decorative stone and masonry supplies. Mr. Jacobs represented the seller, the estate of Reuben E. Lebeaux.  Purchase price of the property was $2,700,000.

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67 West Boylston Street in Worcester recently sold

Michael C. Jacobs, Principal and David Burwick, Vice President, both from NAI Glickman Kovago & Jacobs, recently sold the property at 67 West Boylston Street, Worcester, (Yankee Food Mart convenience store / gas station / Dunkin’ Donuts) to Yatco Distribution LLC, a gas station and convenience store company providing quality customer service and competitive gas prices to customers throughout Massachusetts, Rhode Island and Connecticut. The seller, Shri Nathji Food, Inc., was represented by Mr. Burwick. Mr. Jacobs represented the buyer.  Purchase price of the property was $2,800,000.

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17 Unit Apartment Bldg Sold for Record Price

NAI Glickman Kovago & Jacobs recently sold a 17-unit apartment building located at 3-5 Rugby Street, Worcester, MA for $1,475,000, just under $87,000 per unit. The transaction closed on 2/1/ 2018 between Rugby Street, LLC and CAJ RUGBY, LLC NAI Glickman Kovago & Jacobs worked with Rugby Street, LLC and their property management company, May Property Management, LLC. The owner and property manager made many improvements to the building over the past three years. They entered into a lease with Friendly House, Inc enhancing the property’s value. Friendly House, and the Friendly House Shelter & Scattered Sites Program, is a […]

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NAI Glickman Kovago & Jacobs facilitites long term lease at 1 Mercantile Street

NAI Glickman Kovago & Jacobs recently facilitated a long term professional office lease between Paul Revere Insurance and Central Massachusetts Regional Planning Commission (CMRPC) at One Mercantile Street, Worcester, MA NAI Glickman Kovago & Jacobs worked with CMPRC to complete needs analysis and space planning before managing the Request for Proposal (RFP) and Public Bidding Processes. After an exhaustive search over many months, 1 Mercantile Street, Worcester was selected. Careful space planning allowed CMRPC to reduce its leased square footage by 25 percent while gaining usable space and improved amenities. NAI Glickman Kovago & Jacobs’ principal, Michael Jacobs, and vice […]

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New CVS on Route 9 in Shrewsbury

Michael C. Jacobs, principal at NAI Glickman Kovago and Jacobs, Worcester brokered a long term ground lease between CVS Pharmacy, Inc of Woonsocket, RI and MKCB Realty, LLC of Shrewsbury, MA. CVS will develop a 12,900sf store on the 2.2-acre corner at 730 Boston Turnpike – Rt. 9 and South Street. Site was formerly the Wagner Kia Dealership owned by the Wagner Auto Group. Kia has relocated to a new building on adjacent parcel. Construction began in January and store is slated to open in Spring, 2018.

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Best Commercial Real Estate Brokerage for 2018

NAI Glickman Kovago & Jacobs is proud to announce that the company has been named as the “Best Commercial Real Estate Brokerage” on the Worcester Business Journal’s Best of Business list for 2018. The WBJ Best of Business list is a popularity contest and described to be the equivalent of walking into a room full of your business leader peers and asking for recommendations. Best of Business recommendations were submitted through an online survey. The results are tallied, meticulously double-checked, and the winners are declared. This year WBJ had a record number of voters who nominated their top company picks […]

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LONG TERM MEDICAL OFFICE LEASE PROCURED AT 102 SHORE DRIVE IN WORCESTER

NAI Glickman Kovago & Jacobs recently facilitated a long term medical office lease between Chacharone Properties and New England Oral Surgery Associates at 102 Shore Drive, Worcester, MA. After a thorough area search, New England Oral Surgery Associates leased space in the Class A Medical building (one of the top medical buildings in the area) to be closer to referred clients in the Greater Worcester Area. Patients will be well served by the many amenities offered.  New England Oral Surgery Associates will start seeing patients at this location Q1 2018 after they complete a custom office build by C&S Construction. […]

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3 Properties in Clinton’s Downtown Business District Sold

David Eldredge, vice president at NAI Glickman Kovago & Jacobs, recently facilitated the sale of multiple properties in Clinton, MA. 145 Church Street is a 5-unit mixed use commercial and residential building, 155 Church Street is the location of the long established Old Timers Restaurant, and 163 Church Street is a 16-unit apartment building. The properties were sold by HIJ Realty Trust and the James McNally Family Trust to Sergio Nascimento for $1,500,000. Mr. Eldredge represented the seller and the buyer was represented by Richard Veiga of Armory Realty.    

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