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Real Estate

Town of Spencer seeks developer to revitalize dilapidated firehouse

The 3,616-square-foot former firehouse is located in the Town Center Mixed Use zone, allowing for a number of potential uses, including multi-family housing, offices, or retail use. 

Trader Joe’s plaza in Acton bought for $21M by owner of Framingham Whole Foods center

A shopping plaza in Acton featuring national brands including Trader Joe’s and Staples has been sold for $21 million.

Downtown Milford commercial building sold for 52% price increase after one year

Current tenants at the site include Sal’s Upholstery and the Milford Performing Arts Center.

UMass Amherst alumnus to lead Mass. West-East Rail expansion project

Andy Koziol, a University of Massachusetts Amherst graduate with nearly 16 years of transportation experience, will be new Massachusetts point person on the plan to stretch regular passenger rail service across the state from Boston to Pittsfield.
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Hudson Cultural Alliance obtains historic armory, aims to create entertainment center

A culture-focused nonprofit has assumed ownership of the historic Hudson Armory, setting the stage for a renovation to see the space turned into a regional arts and entertainment destination.

Fallon HQ proposed for $87M conversion into 200+ apartments

A letter of interest submitted by Synergy and included as part of the agenda packet for Tuesday’s City Council meeting says a plan to convert office space to housing of this magnitude has not been previously attempted in Massachusetts. 

Worcester multifamily building sells for $1.25M, more than double its 2015 sale price

A six-unit apartment building on the shore of Indian Lake in Worcester has sold for $1.25 million, five years after it was sold for $720,000.

Holiday Inn Express in Milford sells for $13M

The 119-room, four-floor hotel was built in 1999, according to Town of Milford property records. Amenities at the facilities include a fitness center, on-site laundry facilities, and an heated indoor swimming pool.
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Wakefield investor buys cardboard manufacturer’s Devens facility for $21M

Northbridge Partners continues to expand its portfolio of properties in Central Massachusetts.

Worcester business confidence falls into pessimistic territory to begin 2024

Despite concerns among the manufacturing sector and the pessimistic viewpoint of Central Massachusetts businesses, the state’s economy continued to grow.
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