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Natick Retail Offers “Strong Long-Term Opportunity” to New Owner
ABG Commercial Realty arranged the sale of a 20,300-square-foot retail property located at 321 Worcester St. (Route 9 West) in Natick, MA. The property was sold by PEC Realty LLC to Empire Management Corporation for $7.25 million. ABG SVP Bernard Gibbons represented the buyer.
The property features a flexible open floor plan with 13-foot clear ceiling heights and ample on-site parking. Its versatile layout accommodates a range of retail and service uses, while the building’s configuration and frontage provide strong exposure to Route 9 traffic, according to ABG.
“This property presents a strong long-term opportunity for Empire Management, given the continued strength of Natick’s retail market and the visibility along Route 9,” said Gibbons. “Retail assets offering flexible configurations and high traffic exposure continue to perform well in Greater Boston’s suburban corridors.”
- ◦Sale/Acquisition
