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Real Estate

Framingham on the cusp of downtown boom

Emily Micucci |

Town officials see pending residential projects as key to new era.

I-495 commercial real estate bounces back in 4th quarter

Laura Finaldi |

Commercial real estate along the I-495 business corridor rebounded after a negative third quarter and closed 2016 with positive absorption, in a year where Class A asking rates remained steady.

Worcester foreclosure starts fell 18% in November

Laura Finaldi |

Foreclosure starts in Worcester County fell 18.1 percent in November, reflecting a statewide slowdown of petitions in the later months of 2016.

MetroWest home sales get November boost

Laura Finaldi |

The MetroWest region saw overall year-over-year increases in sales of both single family homes and condominiums in November.

Baker hopes electric vehicle test drives lead to sales

State House News Service |

Massachusetts officials plan to use their share of a $500,000 federal grant to put more drivers behind the wheels of electric vehicles over the next two years in a bid to spur sales in that market.

Mass. for-sale homes hits 12-year low

State House News Service |

A day after Warren Group analysts announced near-record home sales and sale prices for the month of November, the Massachusetts Association of Realtors reported Wednesday that the inventory of homes...

Nearly 12K sq. ft. in boroughs lease deals closed

Greater Boston Commercial Properties of Northborough announced three lease deals last week representing nearly 12,000 square feet of office space in Northborough and Westborough.

Distributor has room to grow in former Nissen space

Emily Micucci |

The owner of an independent baked goods distributor that recently relocated to the former Nissen Baking Co. plant Worcester said he sees potential to expand.

Baker wants to develop, sell empty state lots

State House News Service |

In early 2017, the Baker administration will seek proposals to develop 250 acres in Monson for industrial, agricultural, commercial or residential use.

Worcester City Council increases tax burden on businesses

Brad Kane |

In a 7-4 vote on Tuesday night, the Worcester City Council approved a 2017 tax plan that will further increase the gap between the rates of business property owners vs. residential property owners,...

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