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Real Estate

330-unit Worcester apartment complex sells for $65.75M

The Plantation Ridge apartment complex, located off of Route 9 in Worcester, has been sold for $65.75 million to a Boston-based real estate firm.

Mass. foreclosure petitions up sharply in May

Foreclosure petitions in the Bay State rose over 50 percent in May over petitions recorded in May 2014, according to a new report from The Warren Group, marking the 15th straight month of increases in petition filings.

Northborough office building sells for $4.7M

The office building at 44 Bearfoot Rd. in Northborough has a new owner after being sold for $4.7 million.

Home sales in Worcester County outperform state in May

While sales of single-family homes were down statewide in May, they did well in Worcester County, The Warren Group of Boston reported yesterday. Compared with the previous May, Massachusetts saw a 2.6-percent decline overall, but Worcester County saw sales bump up 6.2 percent — 601 sales vs. May 2014's 566.
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Family businesses relocate to Hudson

The Acton businesses Boatzincs and Mach Machine will relocate to Hudson in a manufacturing building purchased by the owner of Boatzincs for $1.2 million.

Out of Boston’s shadow? Worcester charting own economic course

When it comes to the kind of big, splashy headlines that Worcester's leaders like to cut out and frame, the last few months have been a bit of a bust for Worcester. But those who are authoring the city's next chapter believe Worcester is on the right track and moving out of Boston's shadow.

Real Deals

Real Deals highlights recent commercial property transactions in Central Massachusetts.

Empty nesters help boost condo sales in and around Worcester

In the midst of struggling condo sales statewide, Worcester County is bucking the trend with empty nesters bolstering the residential segment that has traditionally been known as supporting first-time home buyers.
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Leominster lures Vt. yogurt maker

A Vermont-based manufacturer of yogurt is relocating to Leominster and plans to add about 12 jobs over the next two years, according to MassDevelopment, the state's finance and development agency.

Five tenants sign on at Hudson industrial park

Five businesses recently signed leases at Kane Industrial Park in Hudson, according to Greater Boston Commercial Properties, which negotiated the transactions.
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