Iacono of CBRE arranges $10 million sale-leaseback of Subaru dealership

November 14, 2022 - NEREJ

Bennington, VT In a transaction arranged by CBRE, Legacy Automotive Capital LLC has acquired 527 North Bennington Rd., in a $10 million structured corporate sale-leaseback. Legacy Automotive Capital acquired the 20,219 s/f property that will continue to house Lundgren Subaru of Bennington through the leaseback portion of the transaction. Read More

Latest apartment project in Worcester: 218-unit building off Shrewsbury Street

November 6, 2022 - Cyrus Moulton, Telegram & Gazette

A developer is proposing a 218-unit residential building for a block at 225 Shrewsbury St. and 68 Albany St. The seven-story building will be behind the current shopping plaza at the site. Read More

Grove Street property leased by Reliant sells for $7.85M to private firm

November 6, 2022 - Anoushka Dalmia - Telegram & Gazette

The property on the corner of 385 Grove St. and 5 Chadwick St. was sold for $7.85 million to Lundgren Equity Partners LLC, a private firm based out of Auburn, according to the Worcester County Registry of Deeds. Read More

CBRE Arranges $26.2 Million Sale Leaseback for Lundgren Honda in Auburn and Greenfield, MA

November 6, 2022 - Boston Real Estate Times

CBRE announced it has completed a sale leaseback of two auto dealerships in Auburn and Greenfield, MA on behalf of Lundgren Honda, a family owned and operated Honda dealership for over 50 years in the Massachusetts area. Read More

Former Shaw’s Supermarket in Webster Sold for $3.4 Million

November 6, 2022 - Tom Marino

The former location of Shaw’s Supermarket, in the plaza at 70 Worcester Road, and retail space at the strip mall at 84 Worcester Road, have been sold to Lundgren Equity Partners for $5,325,000 by Webster Market Realty, LLC. The former Shaw’s location accounted for $3.400,000 of the sale. Read More

50,000+ sf Building Sold for $6,300,000

November 6, 2022 - Cyrus Moulton, Telegram & Gazette

James Glickman, Nolan Ryan and Cody Miner of NAI Glickman Kovago & Jacobs recently represented the buyer, Lundgren Equity Partners, in the purchase of the 50,641 sf manufacturing building at 1275 Park East Drive in Woonsocket, RI. Read More

Marcus & Millichap Arranges The Sale Of The Worcester District Attorney’s Office in Worcester, MA

November 6, 2022

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 180-184 Main Street, a 45,634-square foot office property located in Worcester, MA, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $5,000,000. Read More