Real Estate

Pending single-family homes sales rose for the 13th consecutive month in March, according to the state's Realtors' group.

Foreclosure petitions, the first step in the home foreclosure process, dropped 48.7 percent for the month of February compared to a year earlier, The Warren Group reported.

Southborough Office Park on Turnpike Road has been sold for approximately $16 million and the new owner is planning to upgrade and reposition a portion of it for redevelopment, according to Transwestern|RBJ, the leasing agent.

Construction has concluded on a $45 million, 240-unit apartment complex in Hopkinton, the developers announced Monday.

Ashland officials are celebrating the recent sale and future occupation of a formerly vacant warehouse building as a significant step toward achieving economic development goals. Assistant Town Manager Michael Herbert said that while the town is not interested in expanding its commercial base, it's important that tenants be found for under-utilized properties, like the building sold recently at 60 Pleasant St. for $1.9 million. The sale was announced earlier this month. The new tenant, who has yet to be announced, will occupy some of the space, according to Herbert. Meanwhile, the new owner, Sixty Pleasant Realty LLC, is looking to lease an additional 50,000 square feet.

When business growth clashes with municipal policy, the issues of property taxes and tax breaks tend to...

A study commissioned by the Worcester Regional Chamber of Commerce says the city is in a strong...

For a week in mid-December, in temperatures dipping into the low teens, 13 volunteers from Consigli Construction...

A retail complex in Townsend has been purchased by a Miami-based real estate investment group for $6.25 million.

A Boston-based real estate investment firm has purchased a large, vacant office building for $5.26 million.