Auburn

California-based Realty Income Corp. has begun acquiring Cumberland Farms locations as part of a $1.5-billion sale-leaseback deal with United Kingdom-based EG Group.

Local brokers are optimistic they can fill that space as the industry experiences a post-COVID resurgence and innovative new concepts for retail space are hitting the marketplace.

Auburn-based contractor and water utility manager R.H. White Companies promoted Thomas White to president and Jeffrey Towle to chief operating officer, both reporting to CEO James McCarthy, who since 2019 served as president and CEO.

With national retailer Bed Bath & Beyond declaring bankruptcy on Sunday, the owners of shopping plazas may have a challenge in filling the large spaces left empty.

Sarah Smongeski, executive director at Pakachoag Music School in Worcester since 1992, will retire this June.

Two parcels located at the intersection of Route 20 and Millbury St. in Auburn sold in two unrelated transactions for $2.3 million and $1.7 million.

BIPOC-owned startups seeking out larger investments have come up short, in large part because the deck is stacked against them.

A developer has completed its acquisition of 70 Gold Star Boulevard, with the aim of redeveloping the property into an 18,000-square-foot retail plaza anchored by urgent care center ConvenientMD and featuring Kelly’s Roast Beef and Jersey Mike’s Subs.

The settlement resolves claims that Aspen Dental used a series of bait-and-switch tactics on thousands of Massachusetts consumers, according to a Thursday release from the attorney general. 

The number of Worcester County home sales saw a 35% decline year-over-year in November while there was a 30% decline in the number of sales statewide, as Massachusetts prices hit their lowest level of increase in two years.