Worcester, MA Pizzarella Irrevocable Trust recently sold a 4.5-acre lot to 1059 Grafton Street LLC, that will be improving it with a car wash, including 4,000 s/f of building and a 120 foot tunnel at 1059 Grafton St. Pizzarella Irrevocable Trust was represented by NAI Glickman Kovago & Jacobs vice president, Jeff Borus. The sale closed on June 2 at a price of $775,000.
Borus said, “It was a lengthy process, with both parties working in a highly professional way with each other and the community to advance the project.”
NAI Glickman Kovago & Jacobs has represented the Seller on a couple of land sales for projects over the past five years, with another potentially on the horizon.
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