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🔒German manufacturer consolidates U.S. operations into new large Shrewsbury HQ

German manufacturer Physik Instrumente has opened a new U.S. headquarters in Shrewsbury, part of an attempt to improve its operations in the Americas and adapt to tariffs.

🔒Worcester investor pays $17.4M for New London apartments portfolio

Worcester-based Baystate Investment Fund acquired the properties.

🔒Are more skyscrapers coming to Worcester?

With housing a top-of-mind concern in urban areas today, developers and city leaders are looking to tall apartment buildings.

🔒Money on the sidelines: Real estate is having a rough year, but premium properties are still catching the attention of investors

Uncertainty seems to be the overarching theme of business in 2025, and commercial real estate has been no exception.
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🔒Running out of retail: Second-generation restaurant spaces are driving demand in Central Mass. retail real estate

Todd Alexander, an executive vice president at Worcester real estate brokerage Kelleher & Sadowsky Associates who focuses...

Historic tavern in Shirley receives $50K to fund accessibility upgrades

The Bull Run Restaurant, a historic tavern in Shirley dating back nearly 300 years, has received a $50,000 grant from the National Trust for Historic Preservation and American Express.

🔒Acton apartment complex featuring 68 units sold for $17.5M

A joint venture between two Boston-area real estate firms purchased a 68-unit Acton apartment complex for $17.5 million. 

Worcester contributes $1.25M to development of 59 affordable housing units

The funding will benefit eight rental and four first-time homeowner opportunities.
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🔒Costco one step closer to opening in Southborough after Town voters approve zoning change

Southborough voters overwhelmingly approved a zoning change at a town meeting on Monday night, opening the door for a potential Costco location.

Parent company of ERA Key Realty Services names new CEO

HUNT Real Estate Corp., the parent company of ERA Key Realty Services in Whitinsville, has named a new CEO.
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