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Economy boosts commercial leasing, report says

With momentum continuing and “Greater Boston at a remarkable turning point in its economic development,” analysts from Jones Lang LaSalle (JLL) said they saw strong commercial leasing activity in the second quarter in Boston and core submarkets, including the Interstate 495 and MetroWest regions.

WRTA hires Swedish firm to build new facility

Skanska USA Building, a division of Stockholm-based Skanska AB, has signed a contract with the Worcester Regional Transit Authority (WRTA) to build a new maintenance and operations facility on Quinsigamond Avenue on Worcester.

Worcester Crossing sold for $49M

Worcester Crossing, the Route 146 retail plaza that opened in 2012 and is anchored by Walmart and Sam's Club, has sold for $49 million, according to a statement from the buyer.

Marlborough office building sold for $9.1M

A Boston-based real estate investment firm has purchased a Marlborough office building for $9.1 million.
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Hudson warehouse building sold for $2.1M

A company specializing in home furnishings for real estate staging purposes will occupy the building at 321 Central St. in Hudson following a $2.1-million sale on June 18, according to Wayland-based R.W. Holmes Realty.

North Shore consulting firm to open Worcester office

A Peabody-based professional consulting firm plans to open an office in downtown Worcester in September.

Two leases signed in Hudson

Two MetroWest companies have signed leases to relocate into a combined 12,550 square feet of space in Hudson's Kane Industrial park.

Home, condo sales fall again in May

Single-family home sales dropped for the fourth consecutive month, according to data released today by the Massachusetts Association of Realtors (MAR) and The Warren Group.
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FedEx facility in Northborough sold for $16.8M

A group of New Jersey-based real estate investors have purchased a FedEx freight facility in Northborough for $16.78 million.

10 Things I Know About… Property management

10. Excel at relationships Real estate is a relationships business. If you don't know how to treat...
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