Real Estate

When Dirk Burrowes emailed the Fitchburg Planning Department on a Sunday morning in 2001 about moving his...

Health care information technology firm Park Place International recently leased 17,849 square feet in the Marlborough Gateway Business Park.

A month after Worcester officials expressed concern over the potential for lost property tax revenue stemming from UMass Medical School's purchase of three commercial biotech buildings, the school has agreed to contribute $1.58 million to the city over the next five years.

A drop in inventory pushed down sales of single-family homes in Massachusetts last month, halting more than a year of monthly gains, according to two reports released today.

Should Massachusetts follow some other states in allowing private firms to design, build, operate and maintain bridges, roads and other transportation assets? We're still far off from the Chicago Skyway, which was leased to a private operator in 2006 for $1.8 billion for 99 years, or New York City, which has done similar deals with some of its bridges. But with a deeply indebted transportation system, Massachusetts is looking at different ways to meet its infrastructure needs. And a policy expert from MetroWest will be playing a role.

Less than two weeks after announcing that it would seek the states' single slots parlor license for a Worcester location, Mass Gaming & Entertainment LLC confirmed that its development would be on vacant Wyman-Gordon property near Kelley Square.

The state's film tax credit program cost taxpayers $44.1 million in 2011, creating 497 new jobs for Massachusetts residents and sparking $38.7 million in net economic impact, according to a new report from the Department of Revenue.

Global Technology Systems (GTS) will continue to operate out of its Framingham headquarters after it recently renewed its lease, said Cresa Boston, the property advisory firm that represented the company.

In the latest print edition of the Worcester Business Journal, you'll find a special real estate supplement containing details on every commercial/industrial property in North Central Massachusetts, plus stories examining issues like the future taxability of three commercial buildings in Worcester's biotech park, recently bought by the University of Massachusetts Medical School, the pending sale of Verallia North America, a division of Saint-Gobain with operations in Milford, and the trend toward multifamily housing in Central Massachusetts.

Gov. Deval Patrick began his tenure in the corner office in 2007 by shepherding through the Legislature capital spending bills authorizing billions of dollars in borrowing and the governor on Friday rolled out round two of his investment agenda.