News: Front Section
Posted: April 14, 2023
NAI Glickman Kovago & Jacobs facilitates $4.3m sale of 17.7 acres
Worcester, MA NAI Glickman Kovago & Jacobs has sold 17.7 acres at 1029 Grafton St. for $4.3 million.
The seller, Brandt Lane Living Trust, was represented by NAI Glickman Kovago & Jacobs principal, James Glickman, and vice president, Nolan Ryan. The buyer is Brandt Lane Development LLC.
The 17.7 acre parcel is located on the corner of Grafton St. and Brandt Ln., a desirable area known for access to the I-90 Mass Turnpike and downtown. It is believed that the new owner intends to develop the site for multifamily housing.
Glickman said, “1029 Grafton St. is an exceptionally located property offering premium development opportunity in one of the last large tracts of land in Worcester.”
“We are pleased to have been an integral part of this sale, and look forward to its expansive success in the area.”
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