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Worcester Office Tower Trades for $17M

Synergy Investments acquired Worcester Plaza Tower, a 244,000-square-foot office tower in central Massachusetts for $16.5 million.

At 24 stories, the tower is the tallest office building in Worcester. Synergy Investments plans to make capital improvements to the property. The sale of Worcester Plaza comes two weeks after the sale of SkyMark Tower, a 206-unit, 24-story apartment tower in Worcester.

Kelleher & Sadowsky Associates Inc. represented the seller, S-BNK Worcester Main, an entity registered to the Casey Brothers Trust of Boston, in the transaction.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition