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Shrewsbury

Three Central Mass. multifamily complexes sold in massive $360M affordable housing deal

Utah real estate giant The Bridge Investment Group has acquired six Massachusetts multifamily developments, including two in Marlborough and one in Shrewsbury from Virginia-based Harbor Group International, totaling 1,722 units.

Local developer snaps up more Worcester property with $1.3M acquisition of former Caola Equipment location

Local developer Polar Views LLC added to its recent acquisitions of Worcester properties with a $1.3 million purchase.

Cornerstone Bank breaks ground on new Shrewsbury branch

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

🔒No bad time for good ideas: eSki shows how startups can build up their profiles

Worcester personal watercraft company shows how even in a shaky economy, good ideas can get close to investment ready.
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Prestige Car Wash owners buy Milford plaza, plan car wash

The owners of Canton-based Prestige Car Wash and Gas bought a portion of a Milford shopping plaza for $4.7 million. They plan to build a car wash on part of the site.

Price Chopper parent promotes executives into new COO and CAO roles

New York-based Northeast Grocery, Inc., parent company of Price Chopper and Market 32 supermarkets, has named John Persons as the company’s new chief operating officer and Mike Miller as chief administrative officer, both newly-created positions at the company.

Report: Christmas Tree Shops, with locations in Shrewsbury and Natick, will liquidate all stores

Middleborough-based home-good retailer, Christmas Tree Shops will liquidate all of its stores unless a buyer for the company surfaces within a week.

Shrewsbury credit union elevates HR executive to C-suite

Central One Federal Credit Union has promoted Kerry Crutchley to the newly created position of chief people and culture officer.
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🔒Real Estate Insider: As the State seeks to increase housing construction, some towns pump the brakes

Multifamily residential developers have been proposing thousands of apartments throughout Central Massachusetts, but communities are resisting the push for more housing to protect their resources and what residents and officials see as their town’s character.

Saint John’s High School trustee pledges $1M to support school’s wellness initiative

Saint John’s High School trustee and alumnus Dennis Crowley has committed $1 million to support the school’s Curriculum of Care in Support of Community Wellness priority of the private Shrewsbury boys-only high school’s strategic plan.
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