Foreclosure petitions climbed throughout Massachusetts in July, with a 72.5 percent rise in foreclosure starts compared with July 2013, The Warren Group reported Tuesday.
A Milton-based company that sells components, tools, and replacement parts to the construction industry has purchased the former home of Framingham Motor Parts for $650,000, according to MetroWest CRE, which handled the deal for the buyer.
Respondents revealed careful optimism about the MetroWest economy in a 2014 survey issued in part by the Worcester Business Journal, and business leaders reinforced that sentiment at a forum showcasing the results last week at Framingham State University.
Worcester is undeniably a college town. In the 2013-2014 school year, more than 7,500 students graduated from the 12 colleges in and around the city. But many of them may not stay here, and that could spell a lack of local talent as the city works to boost its economy, according to a study released Wednesday.
Entrepreneurs in the state's Gateway Cities can now apply for up to $2 million in matching grants to support creation of collaborative workspaces that promote innovation, the Massachusetts Executive Office of Housing and Economic Development (EOHED) announced Wednesday.
W.P. Carey Inc., a global real estate investment trust based in New York, has acquired an office building located inside the Westborough Technology Park for $47 million.
Sales of single-family homes and condominiums in Massachusetts fell in July for the first time since 2010, while the median sale price continued to climb.
(UPDATED) Minnesota-based CSM Corp. has closed on a parcel of land in the Marlborough Hills office park, paying $1.95 million for the parcel, where it will develop a Hilton Garden Inn to serve the needs of GE Healthcare Life Sciences and other incoming businesses.