Real Estate

The Marlborough Economic Development Corp. (MEDC) touted figures from two firms specializing in commercial real estate that highlight the city's position as a stronghold for the commercial office market in the Interstate 495 area.

Pending single-family home sales rose for the 11th consecutive month in January, according to the state's Realtors' group.

A Worcester-based investment firm has purchased the mercantile buildings that are home to the Maxwell Silverman's Toolhouse restaurant for $2.85 million.

Larger salaries may be hard to come by in a tight job market th favors employers, but the MetroWest region continued to enjoy significant payroll growth that out performed Suffolk County and the nation, according to federal data included in the 495/MetroWest Partnership's new report, Strength in Numbers. The partnership reported total payroll increased by $2 billion, to $19 billion, between 2010 and 2012, a jump of more than 10 percent. The organization, a quasi-public regional development agency that covers 33 communities stretching from Littleton to Foxborough and from Shrewsbury to Natick, measured growth using data published by the U.S. Bureau of Labor Statistics (BLS), and the figures show that the partnership's geographic coverage area performed better than Suffolk County as well as the nation. According to BLS data, the Boston area's payroll grew 9.5 percent in the same time period, while U.S. payroll grew 8.4 percent.

The commonwealth's largest independently-owned ambulance service can move next month into 7,500 square feet of newly-leased office space in Ashland's Ledgemere Park.

A study released Tuesday recommends that Marlborough relax zoning and parking regulations downtown, improve pedestrian and bike connections in the area and attract additional amenities, such a hotel.

Consolidations by some major employers in MetroWest caused the region's office vacancy rates to climb in the fourth quarter of 2013, according to data from global real estate broker Colliers International.

Massachusetts single-family home sales declined by less than 1 percent in December, but year-to-date sales were still higher than in 2012, according to data released by The Warren Group on Wednesday.

The state Senate on Thursday passed legislation aimed at ensuring clear titles in real estate transactions involving previously foreclosed properties.

One of Worcester's most popular Mexican restaurants is moving to a new site downtown, giving it four times the space of its long-time Shrewsbury Street location.