Real Estate

Ocean State Job Lot scoops up former Big Lots location, purchases Webster plaza for $14.5M

Ocean State Job Lot appears set to open a store in Webster, following a $14.5-million purchase of a plaza, the site of a former Big Lots location.

MassDevelopment completes merger with fellow quasi-public agency

The merger was required under a November 2024 economic development law.

Worcester County single-family home median price nears $440K, as trends continue

The new year has yet to bring any relief to prospective Central Massachusetts homeowners.

Aspen Aerogels axes plans for Georgia electric-vehicle part manufacturing plant

Anticipating a change in the demand for electric vehicles, Aspen Aerogels has cancelled its efforts to construct a manufacturing facility in Georgia.

Boston pizza and ice cream eatery to open 2nd location in historic Marlborough building

Picco, a restaurant based in Boston’s South End serving pizza and ice cream, is set to open a second location in the historic Peoples Savings Bank building in Downtown Marlborough.

UMass economist: State has recovered from COVID, but federal research funding cuts could be catastrophic

Speaking at a WBJ event on Tuesday, Melnik said proposed cuts could have a significant negative impact on the state.

Developer pitches 11-story, mixed-use building for Downtown Worcester

A Springfield-based developer is proposing an 11-story building for the site of a Downtown Worcester parking lot, featuring 139 residential units.

Quebec real estate firm enters U.S. retail market with $16M buy of Stow shopping plaza

Brasswater, a real estate development firm based in Westmount, Quebec, has entered the American retail real estate market with the purchase of the Stow Shopping Center for $16 million.