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Real Estate

$110K in loans to food truck, landscaper, grocery store

The North Central Massachusetts Development Corporation has released small-business loans totaling $109,500 to three local businesses, the organization announced last week.

Worcester ranked third in Northeast rental market; 24th nationally

Appreciating rental prices drove Worcester to the third best market in the Northeast in which to own rental property, according to the quarterly Rental Ranking Report by All Property Management.

Activists: Mass. marijuana legalization not to be affected by Ohio failure

With at least five states -- Massachusetts possibly among them -- expected to vote on proposals to legalize, regulate and tax marijuana for recreational use next year, activists said the failure of a legalization ballot question in Ohio will have "no bearing" on the outcome on future legalization efforts.

AMSC revenue rises on wind; secures $3.7M contract

Power grid and wind energy equipment manufacturer AMSC of Devens said Tuesday that revenue was up in its second quarter on the back of additional wind contracts and a $3.7 million government contract modification.
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Bidding drives Hudson building price to $4 million

The 81,000-square-foot industrial building at 428 Main St., Hudson, sold Monday for $4 million, according to Greater Boston Commercial Properties, which represented the seller.

Framingham office building sells for $1.1M

The office space at 929 Worcester Road in Framingham has sold for $1.1 million, according to New Dover Associates Real Estate.

Gardner gets $3.2M Massworks grant; will prep 10 acres ‘ripe’ for redevelopment

The City of Gardner has received $3.2 million in grants from MassWorks that will open up 10 acres of commercial property that is “ripe for development” and improve the city's downtown.

MassDEP fines Wells Fargo Bank $38K over Fitchburg spill

A home heating oil spill has proved costly for Wells Fargo Bank.
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Worcester entrepreneur gifts $29M from beyond the grave

A local entrepreneur has posthumously left $29 million to five Worcester-area organizations, according to a statement from Worcester Polytechnic Institute, one of the recipients.

Marlborough recommends toy maker tax break

Oyo Sportstoys, an Acton toy manufacturer that plans to move to Marlborough and expand, received unanimous approval of a 10-year tax increment financing (TIF) application from the Marlborough City Council Finance Committee on Monday night.
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