Glickman Kovago & Company brokers two sale transactions totaling $3.95 million

February 23, 2012 - Retail

71 Pullman Street - Worcester, MA

Ted's Package Store site plans - Worcester, MA

David Cohen, Glickman Kovago and Company

David Cohen of Glickman Kovago and Company sold the property at 71 Pullman St. for $1.35 million. 71 Pullman St. is a 10,000 s/f building set on an .87 acre. Occupying 5,000 s/f of space is current tenant NAPA Auto Parts. The remaining 5,000 s/f will become Worcester's second Anytime Fitness location.
David Cohen, vice president of Glickman Kovago & Co., represented the buyer, 71 Pullman St LLC, and the seller, Pullman St LLC.
In another transaction, an 8-year-old Citgo gas station/convenience store with Dunkin' Donuts located at 28 Worcester Rd. has been sold to Worcester-based station owner, HTK2, LLC, for $2.6 million. The buyer owns several high profile stations throughout the region.
The seller owns Ted's Package Store and is in the process of re-developing the entire town block. Construction began recently and will culminate with a new 13,000 s/f liquor/convenience store with brand name fruit and produce tenant and retail pad site. The existing store will remain open through construction. Grand opening is slated for November 2012
Mike Jacobs, principal of Glickman Kovago & Co., represented all parties in the transaction.
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