Real Estate

An affiliate of Natick developer Franchi Management Co. of Natick sold two industrial properties in Franklin to global investment firm Investcorp for $37.5 million.

Music education franchise School of Rock aims to open a new location at shopping center Northborough Crossing in late 2023 or early 2024.

A nonprofit study led by a group of real estate professionals and commissioned by the City of Worcester has made a series of recommendations for improving the Shrewsbury Street neighborhood.

Commercial cleaning firm AA Cleaning of Marlborough acquired a new home in Hudson for $2.1 million.

Allied Flooring, Paint, and Design of Agawam acquired locally-owned Leominster Floor Covering in Leominster.

A real estate holding company affiliated with McGovern Automotive Group of Newton purchased a restaurant property at 20 Nagog Park in Acton for $1.3 million.

Ruth Carlson, who served for 22 years at the Worcester Housing Authority, including five years as executive director, passed away on Wednesday.

The City of Worcester is seeking a developer to acquire and redevelop three city-owned lots being used by its Department of Public Works & Parks.

A number of local companies have announced new hires and promotions, including bankHometown in Oxford, SALMON Health and Retirement in Milford, NAI Glickman Kovago & Jacobs in Worcester, and Rollstone Bank & Trust in Fitchburg

Worcester has a hodgepodge of branded office towers resulting from the shifting office market, acquisitions, and a move to work-from-home policies.