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Banking & Finance

Avidia Bank names Rockland executive as new CEO

Eight months after Mark O’Connell announced he would retire as CEO of Avidia Bank in May, the Hudson-based institution has named Robert Cozzone of Rockland Trust as president and CEO.
Banking & Finance

Two more Central Mass. Bed Bath & Beyond stores to close

Two Central Massachusetts locations of Bed Bath & Beyond were among 149 to be shuttered in the latest round of closures announced by the company on Tuesday.
Manufacturing

NY firm buys Hudson multi-tenant industrial facility for $7.5M

A 107,000-square-foot Hudson industrial building at 555 Main St. was sold to a New York real estate firm for $7.5 million.
Real Estate

Market Basket in Shrewsbury to open next Friday

Lowell-based grocery store chain Market Basket will open its new Shrewsbury location on Friday, Jan. 13.
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Real Estate

Fresh off buying Worcester’s AC Marriott, developer buys Hudson $55M apartments

Bridgewater-based Claremont Cos. purchased Matrix Hudson, a 176-unit apartment complex in Hudson, for $55.5 million on Friday, according to the Middlesex South registry of deeds.
Manufacturing

Following lawsuit, developer pulls plug on proposed 1.2M-sq.-ft. Hudson warehouse

Atlanta developer Portman Industrial has withdrawn a proposal to build a 1.2-million-square-foot warehouse in Hudson, following a lawsuit by its neighbors to stop the project.
Real Estate

Intel facility neighbors sue to stop proposed 1.2M-sq.-ft. Hudson warehouse

Three neighbors of an Intel manufacturing facility in Hudson have filed a lawsuit to halt plans to construct a proposed 1.2-million-square-foot distribution warehouse on the property.
Banking & Finance

Voting for Best of Business awards closes on Monday

Voting for the WBJ’s 2023 Best of Business awards, which seeks to highlight institutions throughout Central Massachusetts based on reader votes, will close this coming Monday, Nov. 14.
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Banking & Finance

🔒The nation’s largest bank is opening its first branch in Worcester, as local banks adjust to a changing market

Will a big bank like Chase put Central Massachusetts-headquartered banks at a disadvantage? Industry leaders here don’t think so.
Energy

Two Valvoline locations in Worcester acquired for $3.2M by Marlborough-based franchisee

Metrolube Realty, LLC, registered to Bob Ladas, president CEO of Marlborough’s Metrolube Enterprises Inc., purchased two Valvoline Instant Oil Change locations in Worcester for $3.2 million.
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