Eric Casey

Eric Casey covers manufacturing and real estate for the Worcester Business Journal. He previously ran Burn After Reading, an online publication focusing on the cannabis industry. He has also formerly had freelance work published in outlets including Worcester Magazine and Different Leaf Magazine. Eric is a graduate of the University of Rhode Island, where he studied history and political science. He grew up in Marlborough and is currently a resident of Worcester.

Real Estate

Renew Worcester apartments sold for $26M to Boston firm with growing Central Mass. portfolio

Renew Worcester, a 92-unit apartment building in Worcester, has been sold for $25.73 million to The Micozzi Cos., a Boston-based firm with a growing presence in Central Massachusetts.

Real Estate

🔒Worcester affordable housing community sold for $100M to NY, Braintree firms

Plumley Village, a 430-unit affordable housing community in Worcester, has been sold for $100 million.

Health Care

Office building near UMass Chan campus sells for $2.3M to two addiction treatment executives

A two-story medical and professional office building on Worcester’s Belmont Street near the campus of UMass Chan Medical School has sold for $2.29 million.

Manufacturing

🔒Saint-Gobain receives $195K tax break for ongoing $120M Northborough R&D expansion

Saint-Gobain is continuing to expand its Northborough industrial research campus, having received a $195,000 tax credit from the state.

Banking & Finance

Westborough manufacturer to raise $41M to advance AI, microLED tech

Westborough-based defense optics manufacturing firm Kopin Corp. has entered into a securities purchase agreement for private investment in company shares expected to raise $41 million.

Banking & Finance

Texas firm buys Worcester storage facility near former Rotmans site for $9M

Hines, a global real estate investment firm based in Houston, has purchased the site of a storage facility near the former site of Rotmans Furniture.

Banking & Finance

Commonwealth Fusion’s headquarters in Devens sold for $74M

The Devens headquarters of Commonwealth Fusion Systems has been sold for $74 million by a Boston-based real estate investment firm to two investment groups.

Education

Whitin Community Center purchases historic first high school site to meet growing childcare needs

The expansion project will see the vacant school building converted into a childcare center, which will add 20 new preschool seats and 65 additional school-age care slots.

Energy

New fiber internet provider launches service in Holden

Previously, Spectrum was the only wired internet provider available to residential customers in Holden.

Diversity & Inclusion

Worcester uses $500K Polar Park settlement to launch grant program for minority- and woman-owned construction firms

The City of Worcester is offering grants of up to $25,000 for certified minority- and woman-owned businesses to help expand their capacity for contracting opportunities.

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