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Real Estate

Report: Office vacancies hit 14-year low

Office market vacancies from Boston out to MetroWest closed out 2014 at their lowest level since 2001, according to commercial real estate management firm Transwestern.

Towns aiming to loosen strings to boost business

As businesses continue to move into the large stock of vacant commercial buildings along Interstate 495, some...

Baker team fills business posts

The incoming Baker administration has tapped a Dorchester community development director and a former member of the Romney administration for posts within the Office of Housing and Community Development.

Real Deals

Real Deals highlights recent commercial property transactions in Central Massachusetts. Commercial real estate firms that want to submit information on transactions can send it to editorial@wbjournal.com, or fax it to 508-755-8860.
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THEN TO NOW: With a nod to city’s industrial heyday, Worcester developers mix modern needs into past architectures

Whether it's a former car dealership that now houses two of Worcester's well-trafficked restaurants, or a former...

GE helping make I-495 area hot

When General Electric brings its healthcare and life sciences division to Marlborough in the spring, the 500-employee...

U.S. construction spending dips in November

The U.S. Census Bureau has reported that construction spending across the country declined 0.3 percent in November, after having gained 1.2 percent in October.

Marlborough business park sold for $34M

The Solomon Pond Park in Marlborough has been sold for $34 million to Burlington-based Nordblom Co., according to the Massachusetts Registry of Deeds.
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Higgins Armory sold for $850,000

The Higgins Armory building was sold last week to a New Hampshire developer who has a track record of restoring historic properties, such as the Pawtucket Armory in Rhode Island.

Mass. foreclosure activity jumped in Nov.

Foreclosure activity in Massachusetts jumped in November as foreclosure petitions, which kick off the foreclosure process, climbed by 150 percent year over year in November, according to a report from The Warren Group.
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