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Real Estate
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Report: $5.2B Mass. housing law will lead to relatively modest increase in investment
October 2, 2024Lawmakers and Gov. Maura Healey are optimistic that a major increase in borrowing authorization will begin to chip away at a statewide housing affordability crisis, but a new report warned that the actual spending impact could be smaller than the
October 2, 2024
Cannabis firm founded by Gen. George Patton’s family breaks ground on Marlborough dispensary
October 2, 2024Green Meadows, a Southbridge-based cannabis company founded by descendants of General George Patton, has broken ground in Marlborough on its third retail location.
October 2, 2024
Former St. Gobain campus redevelopment granted $2.6M for infrastructure upgrades
October 1, 2024The U.S. Department of Commerce has awarded a $2.6-million grant to support infrastructure improvements at the site.
October 1, 2024
New home construction has fallen 40% in Greater Worcester since 2008, with 2023 representing a 10-year low
September 30, 2024Last year saw 1,349 privately-owned housing units housing permits issued in Greater Worcester, the fewest number of permits issued since 2013.
September 30, 2024
Former roller skating rink in Westborough set for self-storage facility, restoration firm HQ after combined $4.2M deal
September 30, 2024Two adjacent Westborough properties could soon be the home of a self-storage facility and the new headquarters of a building restoration company, following two separate property sales totalling $4.2 million.
September 30, 2024
Pepperell lab equipment supplier moves HQ to Ayer with opening of new distribution hub
September 27, 2024CELLTREAT Scientific Products, a lab equipment supply company formerly based in Pepperell, has moved its presence to Ayer.
September 27, 2024
Rezoned former Franklin mill sold for $1.5M to developer, up to 103 housing units possible at site
September 26, 2024A 95,600-square-foot former mill in Franklin has been sold for $1.5 million, following an August vote which saw the Franklin Town Council vote to rezone the site.
September 26, 2024
Tech executive offloads six properties in Northbridge, Uxbridge, and Douglas for $3.95M
September 23, 2024A total of six residential properties in Northbridge, Uxbridge, and Douglas have been sold for a combined $3.95 million to a trio of entities.
September 23, 2024
Consigli finalizes purchase of NY & NJ operations of firm behind major NYC projects
September 19, 2024Consigli Building Group has finalized its purchase of the New Jersey and New York operations of Lendlease.
September 19, 2024
Robert Kraft’s company offloads Webster industrial building for $11.2M to NJ trucking firm
September 19, 2024UN1F1ED2 Global Packaging Group has sold its 124,400-square foot facility for $11.2 million.
September 19, 2024
Mass. home prices set new August record, as Worcester County median costs hits $476K
September 17, 2024Other than prices creeping upwards, the Central Massachusetts single-family market saw little change since August last year.
September 17, 2024
WPI makes controversial purchase of two Worcester hotels official, buys properties for combined $46M
September 16, 2024WPI is following through with its purchase of two Gateway Park hotels.
September 16, 2024
Inclusive development: The dustup over WPI’s hotel plans sparked a debate over who sits at Worcester’s tables of power
Updated: September 16, 2024The WPI hotel-to-housing controversy sparked a secondary conversation about the organization which initially led the charge by sending WPI a fiery public letter.
Updated: September 16, 2024
Grafton Flea Market owners buy another Worcester property in $1.1M Coes Square retail plaza
September 13, 2024A 8,561-square-foot Worcester retail plaza has been sold for $1.13 million to the owners of the Grafton Flea Market.
September 13, 2024
McGovern opposition to federal bill targeting Wuxi Biologics fails to stop House passage
September 10, 2024Despite a late effort by Congressman Jim McGovern (D-MA) to stop what he described as a weak piece of legislation, the U.S. House of Representatives voted 306-81 to pass the BIOSECURE Act.
September 10, 2024
Worcester developer buys six Plantation Street properties from estate of late D’Iorio’s Hair Salon founder
September 9, 2024Developer Michael Ermani has added six Plantation Street neighborhood properties to his Worcester portfolio.
September 9, 2024
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