Hudson

Sometimes banks opt to consolidate in order to offer their clients access to bigger loans and better resources, while other times they unite as a competitive strategy against banks with more assets.

The property with a Buick GMC and Cadillac dealership at 495 Main St. in Leominster was sold for $4.3 million to Richard Durand, who owns another dealership in Hudson, according to the Worcester North District Registry of Deeds.

Lady Black Tie, an online fashion company specializing in women’s formal wear, on Thursday announced its plans to open a brick-and-mortar store at 43 Broad St. in Hudson.

Central Massachusetts financial institutions St. Mary's Credit Union, Avidia Bank, and Rockland Trust were the top lenders of federal small business loans to three key Massachusetts industries for fiscal 2021.

When President Joe Biden’s administration dropped a planned $600 reporting requirement on bank account transactions, financial institutions across Central Massachusetts and the nation breathed a collective sigh of relief.

Advanced processing manufacturer Accumet Engineering, Inc., currently based in Hudson and Westford, plans to consolidate its operations in a planned 39,375 square-foot facility in Devens, using a $4.14-million tax-exempt bond from MassDevelopment.

A 108,700-square-foot warehouse on Robert Bonazzoli Avenue in Hudson sold for $15.2 million to STAG Industrial, Inc., an industrial real estate investment trust based in Boston, according to the Middlesex South Registry of Deeds.

The restaurant scene in and around Worcester is growing.

Two properties sold in Hudson, one on Tower Street and one on Main Street, for a total of $5.9 million, according to Arlington real estate firm, Aho Properties, who brokered the deal.

Restaurant revenue in Central Mass. remained down in fiscal 2021, dropping 11.53% and showing the long-lasting impact of the coronavirus pandemic on the hospitality industry.