
Worcester, MA Greater Boston Commercial Properties, Inc. (GBCP) completed the sale of a 9,500 s/f medical office building located at 631 Lincoln St. The property was sold for $2.1 million.
GBCP brokers Nishan Papazian and James Keefe represented the seller in the transaction. The freestanding medical office building sits on a highly visible lot, making it an attractive asset in the town’s growing healthcare corridor. This transaction reflects continued demand for well located medical office properties in central Massachusetts.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and