Real Estate

Costco considering opening a Central Mass. location

Costco Wholesale is considering plans to open what would be its only Central Massachusetts location as part of what would be a wider revamping of an area mall.

Former Wegman’s site at Natick Mall to be taken over by Asian grocer

An Asian grocery store will open later this year in a Natick Mall location formerly occupied by a short-lived Wegmans location.

Movers & Shakers for June 16, 2025

Employees at ERA Key Realty Services, First Financial Trust, and Seder & Chandler are making moves in their careers.

🔒Keeping construction working: Long plagued by labor shortages, local construction officials are trying to stem the pain caused by a population drop and Trump’s...

Advocates say the industry key to ending the region's persistent housing shortage is facing a workforce cliff.

🔒A turn for the worse: In the annual midyear survey, WBJ readers say their outlook for the 2025 economy has soured since the start...

More than half (51%) of WBJ readers believe the U.S. economy will decline in the second half of this year.

Two Central Mass. apartments receive financing as part of $18.7M deal

Two multi-family properties in Central Massachusetts have received loans as part of a wider three-property announcement of financing worth a total of $18.65 million.

Cutler Management selects long-term employee as second-ever president

After nearly four decades, Cutler Management in Worcester has a new president as the commercial real estate management company’s inaugural leader has stepped down.

🔒An assembly line of homes: Worcester firm sees factory-built apartment units as a potential gamechanger for region’s housing crunch

A factory on Southbridge Street could be key in unlocking a faster and more cost-effective way to fight the housing crisis: modular construction.

Bill would require public construction projects worth $1M+ to include apprentices

Within six months of its passage, 5% of all hours building public construction projects will have to be done by apprentices. After one year, 10%, and after two years, 15%.