Real Estate

Even as pending home sales across the state climbed to their highest level for July since The Massachusetts Association of Realtors (MAR) began tracking homes under agreement in 2004, confidence among its members did not keep up.

An affiliate of a Quincy-based property management firm has received $4.2 million in acquisition financing to buy Worcester's Park Plaza Apartments, according to CBRE New England, which helped secure the deal.

Despite what it said were high vacancy rates in the area, Greater Boston Commercial Properties (GBCP) recently brokered leases for seven properties in the MetroWest area.

Quinsigamond Community College (QCC) is coming to downtown Worcester, but not as quickly as officials once expected.

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.

For the growing number of young families coming to Massachusetts from China or India, education matters a...

The real estate arm of America's largest mutual life insurance company purchased warehouses in Northborough and Franklin for $50.54 million. Deed records indicate that Reep-Ind, affiliated with New York Life Real Estate Investors, bought the fully occupied buildings at 55 Lyman St. in Northborough and 20 Freedom Way in Franklin on July 24 from The Realty Associates Fund, an affiliate of Boston-based TA Associates Realty.

APAC Customer Services Inc., a Chicago-area company that provides outsourced sales, customer care, technical support, and back-office services, announced Friday that it plans to add 170 new jobs at its Worcester service center.

Single-family home sales dropped for the fifth consecutive month, according to data released Tuesday by the Massachusetts Association of Realtors (MAR).

E-commerce shipping and logistics provider Quiet Logistics is leading job growth in Devens, according to a report by the UMass Donahue Institute, and the company's workforce is only expected to increase. Quiet Logistics, which arrived in Devens in 2011, expanded its footprint when it leased 184,000 square feet of warehouse and distribution space on Barnum Road in November. Brian Lemerise, vice president of third-party fulfillment at Quiet, said the company chose to grow beyond its existing 200,000-square-foot facility on Saratoga Boulevard because of high demand for fast delivery of apparel in the Northeast. Devens offers a prime location, Lemerise said, because it has good access to shipping by boat, freight and airplane. But the labor market is also strong.