NAI Glickman Kovago & Jacobs’ Principal, Michael C. Jacobs, facilitated the $1,580,000 sale of 31-35 Park Avenue in Worcester. Mr. Jacobs represented the seller, T.B.R, Inc. (formerly Toomey Rents/Sells, Inc.). Buyer is 35 Park Avenue, LLC whose current principal place of business is located at 19 Glennie Street in Worcester.
The property, which includes a 16,442 sf building on 0.86 acre of land, will be redeveloped into a new retail strip. Existing New England Roast Beef will stay in place long term within the new development.