Mixed-use portfolio nabbed in Massachusetts

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 Roxbury, Mass.-based Mayo Group.

Boston-based NAI Hunneman Commercial is a provider of commercial real estate services.

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