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Real Estate

Two Acton apartment complexes sold for $13M to Needham property management firm

RCMA Properties, a Needham family-owned property management firm, is now the owner of six Acton apartment buildings.

Recording studio, with client list including Matthew McConaughey and Wyclef Jean, moving to Millbury

A professional recording studio, which has done work with major Hollywood stars and productions, is establishing its headquarters in Millbury.

Report: State’s biopharma industry see signs of a rebound as Central Mass. companies received $249M in venture capital in 2024

This increase in funding is the first year-over-year increase since the COVID-19 pandemic.

Mass. Supreme Judicial Court upholds MBTA housing law but says guidelines are unenforceable

In a decision with massive implications for the state's effort to build more housing, the Supreme Judicial Court ruled that the zoning reform law does not run afoul of the state Constitution.
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Price Chopper in Worcester to close, second major grocery chain to close in city in three months

“After a thorough and thoughtful review, we determined that closing this location was necessary to align our resources with the needs of the broader market,” Blaine Bringhurst, president of Market 32/Price Chopper, said.

Leases for five Party City locations in Central Mass. heading to auction as bankrupt company winds down operations

The party is over for Party City, as leases for the company's five Central Massachusetts locations are heading to the auction block.

Southbridge plaza sold for $11M by Burlington firm, $1.5M less than 2022 purchase price

Located on a 13-acre parcel with 11 retail spaces, The Southbridge Fair plaza includes tenants Big Y World Class Market, Ocean State Job Lot, and Aubuchon Hardware.

Marlborough, Framingham senior living facilities sold for combined $30M

Two MetroWest senior living facilities are now under the ownership of a Kentucky real estate investment trust.
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Marlborough renewable energy firm buys $350K site of planned Sturbridge solar array

A 14-acre plot of wooded land adjacent to I-84 in Sturbridge is one step closer to becoming a solar energy production and storage site.

State overhauls commercial driver rules in aim to prevent disqualifications for decades-old offenses

The governor's office said about 280 people who were facing disqualification will be sent letters starting Thursday informing them that they no longer need to worry due to the new law. Another 65 drivers will benefit from the law after they address other outstanding obligations, Healey's office said.
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