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Movers & Shakers for June 16, 2025

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

🔒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.
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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%. 

Bay State Bank to open Shrewsbury branch, first following name change

Anne Joyce, who has more than 30 years of banking experience, will serve as the vice president of the new branch. 
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Amazon holds ribbon cutting for $300M robotics fulfillment center in Charlton

Opened in November, the facility has more than 1,000 full-time employees and has approximately 32 million items in stock.

Higher ed committee supportive of Healey plan for college building boom

The governor's pitch to leverage the new income surtax to invest $2.5 billion into replacing and repairing buildings on the state's 29 public colleges and universities was met with enthusiasm on Tuesday from the committee in whose hands the proposal now rests.
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