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Real Estate
2025 Economic Forecast survey: Central Mass. business leaders show less enthusiastic optimism
Updated: 16 hours agoCentral Massachusetts business leaders generally feel good about the economy, although they don’t feel great about it.
Updated: 16 hours ago
Hot markets for residential: As Worcester’s small multifamily market cools, property owners see promise in communities like Auburn, Fitchburg, and Southbridge
Updated: 16 hours agoWith high-potential inventory in Worcester drying up, investors in smaller multi-family properties are casting a wider net to find parcels with promise, eying other cities with existing multi-family stock.
Updated: 16 hours ago
Making big boxes fun again: As large retail spaces become vacant, landlords are finding immersive businesses like mini golf and pickleball can keep the crowds coming in
Updated: 16 hours agoWhile the act of converting big-box retail spaces into creative businesses can present a number of logistical challenges, those challenges can lead to innovative solutions that have become increasingly necessary as digital retail impacts the need
Updated: 16 hours ago
Suburban zombies: Falling demand for office space forces building owners to get creative
Updated: 16 hours agoOverall, the amount of available space in prominent suburban Central Massachusetts office markets is 5.19 million square feet, more than 90 football fields.
Updated: 16 hours ago
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 break through
Updated: 16 hours agoSome of Worcester’s proposed housing projects falling by the wayside isn’t helping the region’s housing crisis.
Updated: 16 hours ago-
Q&A: Executive behind redevelopment of Worcester Auditorium is more optimistic than ever
Updated: 16 hours agoThe Worcester Memorial Auditorium, colloquially known as the Aud, has sat vacant for the past 25 years. Built in 1933 in Worcester’s Lincoln Square, the stately building that once served as a lively entertainment hub and memorial to those lost
Updated: 16 hours ago
A tale of two towers: The Mercantile Center and The Glass Tower's efforts to become go-to downtown destinations
Updated: 16 hours agoWorcester’s two tallest office buildings have had quite the wild ride over the past 10 years, taking very different paths to again becoming premier destinations for companies wanting to be located downtown.
Updated: 16 hours ago
Results: How did WBJ do with 2024's bold predictions?
Updated: 16 hours agoIn December 2023, the WBJ Editorial staff made 10 bold predictions for news events to happen in Central Massachusetts throughout the year. Turns out, we missed the mark on all but two.
Updated: 16 hours ago
Waiting for a recovery: The slowdown in the once-promising life sciences industry is hurting developments across Central Mass.
Updated: 16 hours agoThere have been some bright spots, but vacancies and empty pad sites remain.
Updated: 16 hours ago
Ashland Plaza sold for $21M to San Diego investment firm
December 20, 2024EDENS and Boston-based WinnDevelopment had briefly planned on constructing a mixed-use development at the site, but withdrew those plans in March 2023, according to documents submitted to the Ashland Planning Board.
December 20, 2024
Mass. home prices hit $600K as Worcester County climbs to $465K
December 19, 2024The median price of a single-family home in Massachusetts has reached $600,000, as prices continue their upward trajectory in the central region of the state.
December 19, 2024
In effort to ward off Circle K takeover, 7-Eleven buys Shrewsbury gas station for $3M
December 18, 2024A Sunoco gas station on Route 9 in Shrewsbury has been purchased by 7-Eleven, Inc. for $2.75 million.
December 18, 2024
Developer behind Table Talk Lofts pitches new five-story building in Canal District
December 17, 2024Plans for the newly announced project call for the construction of a five-story building, featuring 46 studio apartments and about 1,500 square feet of commercial space.
December 17, 2024
UPS wins approvals for 845K-sq.-ft. warehouse on Grafton/Shrewsbury border
December 16, 2024Six years after purchasing more than 200 acres of property bisected by the municipal border of Grafton and Shrewsbury, a developer has won approvals to construct a 845,000-square-foot distribution center for delivery company UPS.
December 16, 2024
Gardner inks first first tenant for new community center
December 13, 2024The Waterford Community Center was developed at the site of the former Waterford Street School, which was left vacant in 2022 after the City constructed the Gardner Elementary School.
December 13, 2024
Watertown-based developer taking over remaining Table Talk Pie site, planning 185-unit building
December 13, 2024The new apartment building, dubbed The Residences at Table Talk Square, will be constructed on Green Street at what was the planned site for the third phase of the Table Talk Pie redevelopment.
December 13, 2024
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