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.
A 111,578-square-foot industrial building in Northborough has been sold for $19.1 million to Raith Capital Partners, a New York-based real estate investment firm.Â
Westborough-based Ascend Elements has filed a lawsuit seeking $5 million in damages against the owner of a Devens building the company intended to turn into a manufacturing facility.
Aspen Aerogel’s efforts in developing technologies to reduce the risk from electrical vehicle fires will potentially receive a big boost from the federal government.
Two multistate cannabis companies with operations in Central Massachusetts, have been fined a combined $165,000 by the state’s Cannabis Control Commission for regulatory violations.
The 3.58-acre shopping plaza located at 164 Milk St. was sold by Smart Retail LLC of Framingham to Indira Investments LLC in a deal finalized on Oct. 8, according to Worcester District Registry of Deeds Records.
The most straightforward analysis of the rate reduction is it’s good news for people and businesses who are either looking to borrow or who are already paying down debt.