September 7, 2021
Primetals' former Worcester facility sold for $12M to NY firm
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Primetals' former Crescent Street location in Worcester is almost 250,000 square feet.
By Katherine Hamilton
A 248,768-square-foot industrial warehouse on Crescent Street in Worcester was sold for $12 million to New York real estate firm Criterion Group LLC, according to the Worcester County Registry of Deeds.
With its sale closing Aug. 13, the property was sold by an LLC registered to the address of East Coast Realty in Boston.
Built in 1898, the warehouse previously housed Primetals Technologies before the UK-based company moved to Sutton as part of a $30-million project finished in 2020.
The property is assessed by the City of Worcester at $7 million. It was last sold in 2004 for $11.8 million.
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