July 31, 2008

Mike Jacobs facilitates Lease agreement at 44 Front Street in Worcester

GLICKMAN KOVAGO & COMPANY FACILITATES LEASE AGREEMENTS AT 44 FRONT STREET IN WORCESTER

Glickman Kovago & Company has brokered a lease agreement between Rosewood Management of Marlborough, Massachusetts and Worcester Family Dental, PC for the property located at 44 Front Street in Worcester, Massachusetts. Worcester Family Dental has leased 2,282 square feet in the 70,000 square foot building located directly on the Worcester Common and across the street from Worcester City Hall.

Rosewood Companies acquire, develop, manage and build commercial and residential properties. Since 1982, Rosewood has developed 2,400,000 square feet of commercial space and 450 residences valued at more than $240,000,000.

Up to 2,500 square feet of office space remains available at 44 Front Street in Worcester.

Michael Jacobs, principal of Glickman Kovago & Company, handled the transaction.

CVS to Build New Store on Park Ave/ May Street in Worcester

GLICKMAN KOVAGO & COMPANY BROKERS
CVS REAL ESTATE TRANSACTIONS IN WORCESTER

Glickman, Kovago & Company has brokered a recent real estate assemblage involving two parcels for CVS/Caremark Corporation of Woonsocket, Rhode Island.

CVS purchased the property located at 82 May Street in Worcester, Massachusetts from Mesala, Inc. formerly the home of Quality Muffler & Brake. Quality Muffler & Brake has relocated to Jacques Street in Worcester. CVS also leased the adjacent property located at 400 Park Avenue from Commercial Management Inc. of Worcester, formerly home to the Cactus Pete Restaurant. CVS is building a new 12,900 sf store on the combined parcels, including a pharmacy and drive-thru. The store is expected to open in early 2009.

CVS Caremark, based in Woonsocket, Rhode Island, is the nation’s premier integrated pharmacy services provider with over 6,200 locations throughout the country.

Michael C. Jacobs, principal of Glickman, Kovago & Company, handled these as well as past CVS transactions in the region.

4 Lancaster Terrace in Worcester Sold for $359,000


GLICKMAN KOVAGO & COMPANY BROKERS SALE
OF 4 LANCASTER TERRACE IN WORCESTER

Glickman Kovago & Company has brokered the sale of 4 Lancaster Terrace in Worcester between Cynthia Fiore and 4 Lancaster Terrace LLC of Worcester, Massachusetts on June 24, 2008 for $359,500. 4 Lancaster Terrace is a 3,235 sf office building located on 3,740 sf lot just off downtown Worcester.

4 Lancaster Terrace LLC is converting the property to attorney’s offices and will be the new home of Reardon, Joyce and Anderson PC.

David Cohen, Vice President at Glickman Kovago & Company, represented the seller, and Mark Johns, of REMAX Advantage, represented the buyer.

Curtis Industries has leased 17,500 square feet at 54 Rockdale Street

GLICKMAN KOVAGO & COMPANY FACILITATES LEASE AGREEMENT AT 54 ROCKDALE STREET IN WORCESTER

Worcester, MA, July 31, 2008 – Glickman Kovago & Company has brokered a lease agreement between Vellumoid, Inc. of Worcester and Curtis Industries of Worcester for the property located along 54 Rockdale Street in Worcester, Massachusetts. Curtis Industries has leased 17,500 square feet of the 90,000 square feet building. The property is conveniently located near Routes 12 and I-190.

Vellumoid, Inc. has a long tradition of manufacturing die cut gaskets and distributing gasketing materials for Automotive Original Equipment Manufacturers, Automotive Aftermarket, Heavy Truck and Off-Road Vehicles, and Small Engine Manufacturers and Rebuilders.


Industrial and office space is still available in the complex.

Jeff Borus handled in the transaction.

Dave Brasington Brokers $525,000 Sale of 145 Orient Street

GLICKMAN KOVAGO & COMPANY BROKERS
THE SALE OF 145 ORIENT STREET IN WORCESTER

Glickman Kovago & Company brokered the sale of the property located at 145 Orient Street in Worcester, Massachusetts for $525,000. The property was owned by Robert Awad of Worcester and was purchased by Steve Wilder of Worcester.

145 Orient Street is a well-maintained 6-unit multi-family investment property with nice views of the city of Worcester.

David Brasington, Vice President at Glickman Kovago & Company, represented the seller. Maureen Duca of Duca Real Estate represented the buyer.

Dave Brasington Facilitates Lease Agreement at 421 Washington Street in Auburn

GLICKMAN KOVAGO & COMPANY FACILITATES LEASE AGREEMENT AT 421 WASHINGTON STREET IN AUBURN

Glickman Kovago & Company has brokered a lease agreement for the property located at 421 Washington Street in Auburn, Massachusetts. Morning Star has leased 10,000 square feet in the building which was converted to a retail use. The property is located on Route 20 in close proximity to the Auburn Mall.

Morning Star is a contemporary, full service, Christian bookstore. Started 22 years ago in Leominster, Massachusetts, Morning Star's key qualities are outstanding service, selection and value. With the addition of the Auburn location, Morning Store now has 9 stores though out Massachusetts, Connecticut, Rhode Island and New Hampshire.

David Brasington, Vice President at Glickman Kovago & Company, handled the transaction.