Real Estate

Poll: Voters oppose cannabis repeal, support residential zoning reform

A UMass/WCVB poll shows how likely a pool of 800 registered voters in Massachusetts are to vote for the nine statewide ballot questions.

🔒2,300+ Central Mass. apartment units under new ownership after $51B merger

A merger between two large residential property investment firms has brought seven Central Massachusetts apartment communities containing 2,320 units under the control of a new $51-billion firm.

🔒WBDC breaks ground on GreenTech Park $12.8M infrastructure upgrades

New York-based Restaurant Depot is expected to become GreenTech Park’s first tenant.

🔒MassDevelopment provides $4M loan for 46-unit Devens development

The loan and sale are the latest moves by the state to encourage housing development at the former military base.
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🔒GFI buys 22-acre site for large planned industrial building near Fitchburg airport

GFI has been working since at least 2022 to build an industrial warehouse building at the site.

Investment firm behind Railers, Palladium, Pulse Magazine adds executives

Beverly-based Rucker Investments, which has a substantial Worcester-based portfolio, has grown its senior leadership team.

🔒NY firm buys site of Worcester rehab facility for $17.8M

The deal follows Vantage’s purchase of four other Central Massachusetts elder healthcare center sites from Athena for $40 million in 2022.

Tennessee franchisee seeks to construct new Taco Bell in Worcester

The site was formerly permitted to be built as a Chipotle Mexican Grill location.
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🔒Site of Lowe’s in Milford sold for $18.5M to California investment firm

ExchangeRight has more than $7.5 billion in assets under management.

Framingham firm lands $69.5M Death Valley contract

The water systems at Death Valley have required repairs about once a week in recent years.
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