Real Estate

Worcester-based Cornerstone Bank broke ground on its 11th location, its first in Shrewsbury, on July 31.

Gov. Maura Healey has declared a state of emergency around the situation in Massachusetts' shelter system, as a rapidly rising uptick of immigrants has strained state resources.

Methods Machine Tools named Richard Alton, formerly of Wisconsin-based Manitou Americas, as its new CEO.

An affiliate of Royal Oak Realty Trust of Rochester, New York purchased a 72,000-square-foot manufacturing facility in Gardner, home of Garlock Printing & Converting.

The Central Massachusetts Business Confidence Index moved back into optimistic territory after a couple months of pessimism.

The Worcester metropolitan area ranked 16th nationally in a 2023 SmartAsset study of the most expensive places to raise a child.

The infusion of hundreds of millions of dollars into roads and bridges throughout the commonwealth will spur the creation of "good jobs" and economic growth, Lt. Gov. Kim Driscoll said during an infrastructure funding bill signing ceremony Friday.

Maryland-based Thomas Park Investments purchased a Reliant Medical Group-anchored medical building in Southborough.

Rockland Trust has provided $4 million in financing to New Garden Park, Inc., the nonprofit subsidiary of the Worcester Business Development Corp., to help fund the initial phases of the redevelopment of a 51-acre parcel of underused, former Saint-Gobain land in Worcester’s Greendale neighborhood.

In order to build a mixed-use, 508-bed student housing complex by 2026, Clark University in Worcester plans to demolish and rebuild an entire block of Main Street in the Main South neighborhood in 2024, including three historic structures and a number of businesses.