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Real Estate
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Worcester on track to see significant drop in total single-family home sales for 2023
Updated: December 19, 2023The price of a single-family home increased nearly 12% in Worcester in November compared to the same month in 2022, as the total amount of sales so far in 2023 remain 24.5% lower.
Updated: December 19, 2023
Worcester developer expands into MetroWest, buys Framingham apartments for $6.2M
December 18, 2023A Worcester-based property developer has expanded his holdings into MetroWest by purchasing an apartment complex in Framingham for $6.2 million.
December 18, 2023
Templeton’s first multi-family housing projects in decades adds $750K in funding from MassDevelopment
December 18, 2023The Baldwinville School Apartments, a multi-family housing project bringing 54 rental units to the former site of a Templeton elementary school, has received $750,000 in funding.
December 18, 2023
Diamond Baseball Holdings' Portland Sea Dogs need stadium upgrades to continue operation
December 18, 2023It's not yet the bottom of the ninth inning — but pressure is increasing on the Portland Sea Dogs, Maine's only professional baseball team and the Double-A affiliate of the Boston Red Sox, to have a better home field before the Dogs begin play in
December 18, 2023
McGovern Automotive acquires Milford dealership, reaches $2.2B in 2023 revenue
December 13, 2023McGovern Automotive Group has announced the opening of McGovern Hyundai of Milford, following the company’s acquisition of Imperial Hyundai.
December 13, 2023
WBJ expands influential list to Power 100, seeks ideas from readers
December 12, 2023Worcester Business Journal’s annual list of the most influential professionals in Central Massachusetts is doubling in size.
December 12, 2023
Millbury Street lot sold to Worcester paving company owner for $345K
December 11, 2023The transaction was finalized Wednesday, according to Worcester District Registry of Deed records, and resulted in the property being purchased by Daniel Amorello from Jesse & Jesse Properties of Worcester.
December 11, 2023
Old Dominion Rail Line sells Oxford property for $19M
December 11, 2023Old Dominion Freight Line Inc., a Virginia-based trucking company, has sold its Oxford shipping terminal for $19 million to an Ohio-based corporation.
December 11, 2023
Movers & Shakers for Dec. 11, 2023
Updated: December 11, 2023Central Massachusetts professionals are getting hired and promoted at companies including National Grid, UMass Memorial Medical Group, AAFCPAs, and Ascentria Care Alliance.
Updated: December 11, 2023
Former site of St. Casimir’s School sold by Diocese of Worcester for $1.1M
December 8, 2023A former school building located at 22 Waverly St. in Worcester has been sold by the Roman Catholic Diocese of Worcester to an Auburn-based corporation for $1.1 million.
December 8, 2023
Governor says she will block funding to communities that ignore MBTA zoning law
December 7, 2023The governor said her administration "more than doubled" the list of programs whose funding can be withheld from non-compliant cities and towns.
December 7, 2023
Economist: WooSox likely sold for $50-$70M
December 7, 2023The team has declined to give a purchase price on the sale to Diamond Baseball Holdings, but at the request of WBJ, a Holy Cross professor has estimated the team's valuation based on revenues, market size, and the new stadium.
December 7, 2023
Nonprofit to open Worcester school for high school-aged students with autism
December 6, 2023The Center for Applied Behavioral Instruction will open a transitional school in a former Clark University building located at 80 William St. in Worcester.
December 6, 2023
Marlborough apartment complex sold for $74M to Boston-based real estate firm
December 6, 2023Talia Apartments, a luxury residential complex in Marlborough with 225 units, has been sold to a Boston-based corporation for $74 million.
December 6, 2023
WooSox officially announce sale to Diamond Baseball Holdings, local owners to remain part of ownership
Updated: December 5, 2023The Worcester Red Sox on Tuesday afternoon officially announced the team will be sold to Diamond Baseball Holdings, a corporation based in New York City with more than 20 minor league baseball teams across the country.
Updated: December 5, 2023
Sutton property, home to machinery supplier, sells for $3.1M to Concord real estate firm
December 4, 2023A property in Sutton containing flex warehouse space has been sold for $3.1 million to a Concord-based corporation.
December 4, 2023
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