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Commercial Real Estate
in Worcester, MA

Investment sales, leasing, and development across Worcester County and Central Massachusetts, from a brokerage headquartered downtown.

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CoStar
Q2 2025 Deal Winner
$15M+
Closed Volume
35+
Years Experience
8
Markets Covered
About Lornell

We fix what's costing you money.

Headquartered in Worcester, MA. Serving Worcester County and Central New England.
Led by Todd Lornell, in commercial real estate since 1990.
Worcester, MA commercial real estate guide

Know what you own.

Most commercial property owners in Worcester County haven't had their building valued since they bought it. Markets shift. Rents move. A free Broker Opinion of Value from our team gives you a clear picture, built on local comps and Todd Lornell's thirty-five years of transaction history, not an algorithm.

Request a Valuation

Fill what's empty.

Every month a commercial space sits vacant, it costs you money. We lease industrial, retail, office, and flex space across eight Central Massachusetts submarkets. Tenant prospecting, competitive positioning, lease negotiation. First showing to signed lease.

Leasing Services

Move when it's time.

When you're ready to buy or sell commercial property in Central Massachusetts, the deal often starts before the listing goes public. We represent buyers and sellers across Worcester County, and our network means we hear about opportunities first.

Investment Sales
Todd Lornell, Principal & Founder at Lornell Real Estate

Todd Lornell

Principal & Founder

Collin Mulcahy, President at Lornell Real Estate

Collin Mulcahy

President

Michael Murray, Advisor at Lornell Real Estate

Michael Murray

Advisor

Faisal Yaseen, Director of IT at Lornell Real Estate

Faisal Yaseen

Director of IT

Recent Success

Proven Results

Our track record speaks for itself. Here are some of our recent successful transactions and completed deals.

Landlord Representation
1233 Main Street 5,000 SF retail space in Webster Square leased in Worcester, MA

FULLY LEASED: 5,000 SF

WEBSTER SQUARE RETAIL, MAIN ST FRONTAGE

1233 Main St, Worcester, MA

We leased the 5,000 SF retail space at 1233 Main Street in Worcester on behalf of our landlord clients. The former Work'N'Gear space is now the new home of Loyalty and Legacy, a growing local dog training facility. We worked with both the landlord and the tenant from start to finish, including guiding them through the special permit process their use required.

Property TypeRetail
Size5,000 SF
TenantLoyalty and Legacy
StatusLEASED

Deals like this remind us why we love this work: helping small businesses grow right here in our own backyard. Have space to lease? Let us talk.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Seller Representation
10 Sheridan Street 3-family multifamily home sold off-market in Worcester, MA

SOLD, OFF MARKET

10 Sheridan Street - Multifamily

10 Sheridan St, Worcester, MA

We closed the off-market sale of this 3-family home at 10 Sheridan Street in Worcester, MA. It never went on the public market. I worked my buyer list, brought in several qualified investors, and the competition on it pushed the price well above our client's expectations.

Property TypeMultifamily
Units3
StatusSOLD

Need to move a multifamily or commercial property quickly? Give me a call.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Seller Representation
78 Green Hill Parkway 3-unit multifamily property sold in Worcester, MA

SOLD: $795,000

78 Green Hill Parkway - Multifamily

78 Green Hill Pky, Worcester, MA

When 78 Green Hill Parkway closed at $795,000, that put all three buildings in the Green Hill Parkway portfolio under contract and closed: nine units, $2.4 million total, done in three weeks. Buyers are still fighting over well-located Worcester multifamily, and this portfolio shows it.

Property TypeMultifamily
Units3
Sale Price$795,000
StatusSOLD

Thinking about selling your multifamily? Reach out and I'll tell you what it's worth in today's market.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Seller Representation
415 Main Street downtown Worcester office condominium units sold in Worcester, MA

SOLD: $300,000

DOWNTOWN OFFICE CONDOS, SOLD

415 Main St, Worcester, MA

We sold two office condominium units at 415 Main Street, one of the better-known commercial buildings in downtown Worcester. A local owner-user/investor bought both. That kind of demand for well-located commercial property in Worcester hasn't let up. Every deal has its snags, and this one had its share. When they came up, we worked through them and did what we had to do to close it for our seller clients.

Property TypeOffice Condominium
Units2 (3rd & 4th Floor)
Sale Price$300,000
StatusSOLD

Thinking about buying, selling, or investing in commercial property? The team at LRE will outwork anyone. Call us and we'll tell you what your downtown Worcester property is worth right now.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Seller Representation
74 Green Hill Parkway 3-unit multifamily property sold in Worcester, MA

SOLD: $765,000

74 Green Hill Parkway - Multifamily

74 Green Hill Pky, Worcester, MA

We closed on this 3-unit multifamily at 74 Green Hill Parkway in Worcester, MA. It had a few bumps along the way, but we worked through the negotiations and put together a deal that made sense for everyone. I'm proud of how this one came together. Multifamily investors keep looking at Worcester, and this sale is one more sign of the demand for well-located buildings in the Brittan Square neighborhood.

Property TypeMultifamily
Units3
Sale Price$765,000
StatusSOLD

Thanks to Matthew Czepiel for the work getting this one across the finish line. Thinking about selling your multifamily? Get in touch and I'll tell you what it's worth in today's market.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
✓

Collin Mulcahy

Transaction Lead

Seller Representation
82 Green Hill Parkway 3-unit multifamily property sold in Worcester, MA

SOLD: $845,000

82 Green Hill Parkway - Multifamily

82 Green Hill Pky, Worcester, MA

We closed this 3-unit multifamily at 82 Green Hill Parkway in Worcester, MA. My job was to get my seller the right number and a buyer who could actually close, and that's what happened. Worcester multifamily keeps pulling in investors, and a lot of that demand is coming from out of town. Buyers are hunting for well-priced deals like this one.

Property TypeMultifamily
Units3
Sale Price$845,000
StatusSOLD

Thinking about selling your multifamily? Reach out and I'll tell you what it's worth in today's market.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
✓

Collin Mulcahy

Transaction Lead

CoStar Winner + Lease Extended
1155 Victory Highway warehouse in Burrillville, RI - CoStar award winning lease

TENANT RETAINED

FULLY LEASED RHODE ISLAND WAREHOUSE

1155 Victory Hwy, Burrillville, RI

We leased this 10,000 SF warehouse to a creditworthy international tenant, and CoStar Group named it a Q2 2025 Quarterly Deals winner. We later extended the lease and locked in a multi-year triple net lease. It is fully leased and producing income now.

Property TypeIndustrial
Size10,000 SF
Lease TypeTriple Net (NNN)
StatusAvailable for Sale

Want a fully leased, income-producing building like this one? Call me and I will walk you through it.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Leased
133 Main St Retail Freestanding / Shopping Center in Spencer, MA

8,000+ SF LEASED

CVS-ANCHORED CENTER ON ROUTE 9

133 Main St, Spencer, MA

This one took more than a year of back-and-forth to get across the line, but we closed a lease at our retail listing in Spencer, MA. Dollar Tree Stores is taking over 8,000 SF of end-cap space at Spencer Shoppers' Village. A national retailer in a spot that's easy to see from the road, and it adds real strength to the center.

Property TypeRetail
Size8,000+ SF
TenantDollar Tree
StatusLEASED

Deals like this run long and have a lot of moving parts. When it finally comes together for the landlord I represent, the work is worth it. Have space to lease? Let's talk.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Buyer Representation
126 Lincoln Street 6-unit multifamily property in Worcester, MA

6-UNIT MULTIFAMILY SOLD

126 Lincoln Street - Multifamily

126 Lincoln Street, Worcester, MA

We represented the buyer on this 6-unit multifamily asset in Worcester's growing rental market. Thanks to Rich Jenkins, who was a pro throughout and kept the closing on track.

Property TypeMultifamily
Units6
StatusSOLD

Thinking about getting into multifamily? Give us a call.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
✓

Collin Mulcahy

Transaction Lead

Fully Leased
7 Sutton Ave Retail property in Oxford, MA

RETAIL STRIP LEASED

Sutton Ave - Retail

486 Sutton Ave, Oxford, MA

We leased this retail strip on Sutton Ave in Oxford, MA. The end-cap unit is going to Goswick Eye, who are opening their newest location at this high-visibility, high-traffic intersection in the middle of town. It's an older building that has held a lot of good businesses over the years, and we expect this medical tenant will do the same.

Property TypeRetail
Size5,446 SF
TenantGoswick Eye
StatusFully Leased

Good tenants come to landlords who are patient. Waiting for the right fit usually pays off over the long run. Have a space you're trying to fill? Give me a call.

Collin Mulcahy, Transaction Lead at Lornell Real Estate
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Collin Mulcahy

Transaction Lead

Worcester Commercial Real Estate Q3 2026 report cover

Market Intelligence

Worcester Commercial Real Estate

Q3 2026 Market Report

Seven pages on what changed in the five weeks after our Mid-Year report: the small-bay industrial gap widening to 10.3 points, office absorption flipping positive, cap rate spreads over the 10-year Treasury, and the Outlying Worcester submarket broken out on its own.

3.9%
Small-Bay Industrial Vacancy
+123K SF
Office Absorption, Was Negative
291 bps
Industrial Spread Over 10-Year
$1.18B
12-Mo Investment Sales

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Also available

Worcester Commercial Real Estate Mid-Year 2026 report cover

Mid-Year 2026

11 pages · Jul 22, 2026

$1.19B
12-Mo Investment Sales
3.3%
Retail Vacancy, Record Low
Read the highlights

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