Marcus & Millichap Facilitates $7.25 Million Sale of Worcester Mixed-Use Portfolio Including Office Buildings and Restaurant

Reuters
2025/05/23
Marcus & Millichap Facilitates $7.25 Million Sale of Worcester Mixed-Use Portfolio Including Office Buildings and Restaurant

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, announced the successful facilitation of a $7.25 million sale of a mixed-use portfolio in Worcester, Massachusetts. The properties, located at 10-14 E Worcester Street and 89 Shrewsbury Street, include three interconnected office buildings and a top luxury restaurant, VIA. This portfolio, covering 83,769 gross square feet and featuring 155 parking spaces, was 82 percent occupied at the time of sale. The buyer, 89 Shrewsbury Street LLC, is a partnership between Barry Lundgren of Lundgren Automotive Group and Dave Fontaine Jr. of Fontaine Bros. The acquisition marks a significant investment in Worcester's thriving real estate market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.

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