Nouria Energy sells Worcester headquarters for $13M

Worcester Telegram & Gazette
March 2020

WORCESTER – Nouria Energy Corp. has sold its headquarters at 324 Clark St. for $13 million.

Worcester Investment Group, owned by Tony El-Nemr, president and CEO at Nouria, one of the region’s largest convenience store operators and fuel retailers, has sold the 85,000-square-foot office building to Lowfield Realty Group, a Massachusetts limited liability corporation of Vincent J. CampoBasso of Leominster.

The sale was announced Monday by Kelleher & Sadowsky Associates, a commercial real estate firm serving Worcester and Central Massachusetts.

The building was fully occupied. Tenants include two state agencies, the Department of Developmental Services, in 36,000 square feet, and Department of Early Education and Care, in 11,000 square feet; South Bay Community Services, in 14,000 square feet; and Nouria Energy Corp. in 25,000 square feet.

Nouria will continue to headquarter its operations in the building.

The property was assessed at $5,271,500, according to city property records. The property was purchased by Worcester Investment Group for $2,025,000 in October 2011.

Principal Donald J. Mancini and Vice President James P. Cozza led the Kelleher & Sadowsky brokerage efforts, representing the seller and procuring the buyer.

2020-03-31T15:36:49+00:00