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Real Estate

🔒A tale of two towers: The Mercantile Center and The Glass Tower’s efforts to become go-to downtown destinations

Worcester’s two tallest office buildings have had quite the wild ride over the past 10 years.

🔒Suburban zombies: Falling demand for office space forces building owners to get creative

Overall, the amount of available space in suburban Central Massachusetts office markets is more than 90 football fields.

Ashland Plaza sold for $21M to San Diego investment firm

EDENS and Boston-based WinnDevelopment had briefly planned on constructing a mixed-use development at the site, but withdrew those plans in March 2023, according to documents submitted to the Ashland Planning Board. 

Mass. unemployment rose again in November

The unemployment rate in Massachusetts continued to rise in November for the second month in a row, yet still remained lower than the national average.
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Mass. home prices hit $600K as Worcester County climbs to $465K

The median price of a single-family home in Massachusetts has reached $600,000, as prices continue their upward trajectory in the central region of the state.

In effort to ward off Circle K takeover, 7-Eleven buys Shrewsbury gas station for $3M

A Sunoco gas station on Route 9 in Shrewsbury has been purchased by 7-Eleven, Inc. for $2.75 million.

Ameresco to build $8M microgrid project in New Brunswick

Ameresco, a Framingham-based company specializing in energy resiliency projects, is working with a city in New Brunswick,...

Developer behind Table Talk Lofts pitches new five-story building in Canal District

Plans for the newly announced project call for the construction of a five-story building, featuring 46 studio apartments and about 1,500 square feet of commercial space.
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UPS wins approvals for 845K-sq.-ft. warehouse on Grafton/Shrewsbury border

Six years after purchasing more than 200 acres of property bisected by the municipal border of Grafton and Shrewsbury, a developer has won approvals to construct a 845,000-square-foot distribution center for delivery company UPS.

Gardner inks first first tenant for new community center

The Waterford Community Center was developed at the site of the former Waterford Street School, which was left vacant in 2022 after the City constructed the Gardner Elementary School.
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