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Large Eaton manufacturing site in Worcester sold for $14M to California-based real estate trust

A factory utilized by Irish company Eaton Corp. has been sold for $14.44 million to a publicly-traded real estate investment trust.

Northborough industrial building, site of Aspen Aerogels HQ, sold for $19.1M by owner of Natick Mall

A 111,578-square-foot industrial building in Northborough has been sold for $19.1 million to Raith Capital Partners, a New York-based real estate investment firm. 

Ascend files $5M lawsuit against landlord of planned Devens manufacturing facility, claiming asbestos and compliance issues

Westborough-based Ascend Elements has filed a lawsuit seeking $5 million in damages against the owner of a Devens building the company intended to turn into a manufacturing facility.

Amazon officially opens facility at former Greendale Mall site

The last-mile delivery facility on Neponset Street is destined to be the final stop for packages before they’re delivered to customers.
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Newburyport firm expanding to Worcester with acquisition of Sequel Law

Sequel Law, a Worcester-based firm specializing in divorce and family law, has been acquired.

Westborough shopping plaza featuring Papa Gino’s sold for $5M

The 3.58-acre shopping plaza located at 164 Milk St. was sold by Smart Retail LLC of Framingham to Indira Investments LLC in a deal finalized on Oct. 8, according to Worcester District Registry of Deeds Records.

🔒Falling rates: The Fed’s cut to interest rates will boost the Central Mass. economy, yet the impact may not be immediate

The most straightforward analysis of the rate reduction is it’s good news for people and businesses who are either looking to borrow or who are already paying down debt.

Having raised $7M in its capital campaign, EcoTarium to start construction on 8.3K-sq.-ft. expansion

Worcester science and nature nonprofit museum EcoTarium will break ground on its first expansion project since 2000, as the museum plans to construct a 8,300-square-foot traveling exhibit gallery. 
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Developer buys proposed site of 300 mixed-income condos in Shrewsbury for $5M

The future site of a proposed condominium development in Shrewsbury has been sold for $5 million to the developer behind the plan. 

Developer starts construction of 110-apartment mixed-use building on Worcester’s Madison St.

Preliminary construction has begun at a long-vacant lot at 5 Madison St. in Worcester, the future site of a six-story, 110-unit apartment building.
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