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.

Economy

Future site of 260-unit, wooden-framed Milford apartment complex sells for $9M

A plot of land in Milford has been sold for $9.1 million to a California-based residential developer, as the firm plans on teaming up with a Japanese firm to construct two all-wood residential buildings.

Banking & Finance

Burlington private equity firm buys Worcester hotel for $20.4M

This sale represents AAM 15’s first hotel purchase in Central Massachusetts.

Real Estate

Construction of 230-unit residential development in Acton underway

Construction of Rivage, a 230-unit residential development in Acton, is underway with an expected completion in the spring of 2026.

Education

Student housing on tap for former Hope Lodge following $950K sale

The former Hope Lodge at 7 Oak St. in Worcester is set to see a new life as student housing, following a $950,000-purchase by an Oxford-based firm.

Manufacturing

Longtime Worcester auto repair business expanding after $1.8M purchase of two industrial parcels

Franchi Brothers first opened for business in 1936 and is in its third generation of family ownership.

Health Care

🔒Waiting for a recovery: The slowdown in the once-promising life sciences industry is hurting developments across Central Mass.

There have been some bright spots, but vacancies and empty pad sites remain.

Economy

🔒Weathering the perfect storm: Worcester’s slate of multifamily developments was hit hard in the last year, but a handful of projects were able to...

Some of Worcester’s proposed housing projects falling by the wayside isn’t helping the region’s housing crisis.

Banking & Finance

🔒Hot markets for residential: As Worcester’s small multifamily market cools, property owners see promise elsewhere

With high-potential inventory in Worcester drying up, investors in smaller multi-family properties are casting a wider net to find parcels with promise.

Government & Politics

🔒Suburban zombies: Falling demand for office space forces building owners to get creative

Overall, the amount of available space in suburban Central Massachusetts office markets is more than 90 football fields.

Professional Services

Marlborough WiFi automation firm joins channel partner program

Marlborough WiFi automation firm Wyebot has joined the Zebra PartnerConnect program, a channel partner program led by the Illinois-based mobile computing firm.

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