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November 14, 2023

Millbury tool manufacturer sells property for $3.5M

a screenshot of a satelitte image, showing a black-roofed building and smaller buildings around it. Image | Courtesy of Google Maps 100 Riverlin St. in Millbury

GreatNeck, a tool manufacturing company headquartered in New York, has sold a Millbury property containing three manufacturing buildings for $3.5 million.

The property, located at 100 Riverlin St., was sold to Ivory Realty of Quincy, according to the Worcester District Registry of Deeds. The deal closed on Monday.

The property is 19 acres, with three industrial buildings equaling a combined 54,000 square feet. The buildings on the property were constructed between 1964 and 1978, according to Town of Millbury property records. 

The Town gave the property a tax assessment value of $1.6 million in 2024. 

GreatNeck was founded in 1919 by a toolmaker in Pittsfield, Massachusetts, according to the company’s website. The company later merged with Buck Brothers, a chisel company based in Millbury, which were the original owners of 100 Riverlin St.

Principal James Glickman and Vice Presidents Cody Miner and Nolan Ryan represented the seller in this transaction. Ryan and Miner also represented the buyer. 

GreatNeck did not immediately respond to an inquiry by WBJ.

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