Nouria sells Worcester headquarters for $13M
Photo | Courtesy | Kelleher & Sadowsky
324 Clark St. in Worcester
Nouria Energy, a convenience store operator and fuel retailer, has sold the Worcester office building where it has its headquarters for $13 million.
The 85,000-square-foot building at 324 Clark St. also includes two state offices, the Department of Developmental Services and the Department of Early Education and Care, as well as the nonprofit South Bay Community Services.
Kelleher & Sadowsky, a Worcester commercial real estate firm that brokered the deal, announced the transaction Monday. The building is fully occupied, the firm said, with Nouria due to lease back the nearly one-third of the building it occupies.
The building was bought by Lowfield Realty Group, a limited liability corporation registered to Vincent CampoBasso of Leominster, according to Kelleher & Sadowsky. CampoBosso also owns the Guaranty Building at 370 Main St., which he paid nearly $10 million for in 2014. He also bought for $2.1 million last year a 26,000-square-foot TD Bank office and branch building at 15 Monument Square in Leominster.
Nouria's president and CEO, Tony El-Nemr, owned Worcester Investment Group, the seller of the Nouria headquarters building in Worcester. Nouria has 135 locations across New England, including about 15 in Central Massachusetts.
The building was last assessed by the City of Worcester at just under $5.3 million. Worcester Investment Group bought the site in 2011 for $2 million.
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