Colliers to Facilitate Sale of Historic Mill Complex as Residential Conversion Massachusetts

Millbury, MA – Colliers recently announced that the firm is listing Singletary Place, a mixed-use development in Millbury, Massachusetts. Led by Colliers Capital Markets Vice President Kendin Carr, the approved master plan will convert a historic mill complex into 180 residential units with retail lifestyle center. Singletary Place, located at 115 West Main Street, features 65,000 SF of existing Revolutionary War-era brick & beam factory building, which will transform into an idyllic mixed-use center of residential, office, and retail space and 10 acres of landscaped trails and environmental attractions.

“The greater Worcester area has become a hotbed for residential development as residents flock to community-based living arrangements with the benefits of suburban amenities. Singletary Place will be a residential and mixed-use destination for residents and guests alike.” – Kendin Carr, Vice President, ColliersThe property is surrounded by regional amenities including leading employers ranging from financial services to regional headquarter locations such as shopping giant BJ’s, TJX Companies, and more.

The greater Worcester area has seen an increase in area development, with the development of Polar Park as one of its most celebrated accomplishments.Joining Carr on the transaction is Capital Markets Managing Director Frank Petz. Assistant Vice President Bryan Koop will advise on debt and structured financing.
The post Colliers to Facilitate Sale of Historic Mill Complex as Residential Conversion appeared first on Boston Real Estate Times.

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