Silverbrick Group Snags Historic Worcester Office Property for $15M

Silverbrick Group Snags Historic Worcester Office Building for $15M

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JLL has worked out the $14.5 million sale of 340 Key St., a 333,302-square-foot historical office structure in Worcester, MASS.

. Integrated in 1897, the residential or commercial property is currently rented to a lessee lineup that contains lawful, financial services and also government occupants. The buyer, Silverbrick Team, intends to convert the nine-story property right into a mixed-use advancement with office, retail, multifamily and also self-storage usages. The one-acre website lies within a marked Opportunity Zone.

Adam Dunn, Mike Restivo and also Chris Phaneuf of JLL stood for the vendor, Commerce Associates LLC, in the purchase.

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