
Worcester, MA Hampton Properties, LLC has sold its 19,000 s/f specialty property to Baystate Savings Bank. NAI Glickman Kovago & Jacobs (NAIGKJ) vice presidents, James Keogh and Alexis Brissette, represented the seller. The sale closed on August 14, 2024, for $3.15 million, or $172.41 per s/f.
Keogh, vice president at NAIGKJ, said, “Facilitating the sale of the former Becker College Boutin Center to Baystate Savings Bank has been a meaningful experience. This property holds countless cherished memories for the community – whether it was people of all ages playing in the gym or students finding a quiet space to learn and grow. We are deeply satisfied knowing that it will continue to be a place of connection and service under the stewardship of a local institution committed to furthering its legacy as a cornerstone of the city’s business community.”
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