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Real Estate
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Marlborough renewable energy firm buys $350K site of planned Sturbridge solar array
January 3, 2025A 14-acre plot of wooded land adjacent to I-84 in Sturbridge is one step closer to becoming a solar energy production and storage site.
January 3, 2025
State overhauls commercial driver rules in aim to prevent disqualifications for decades-old offenses
January 3, 2025The governor's office said about 280 people who were facing disqualification will be sent letters starting Thursday informing them that they no longer need to worry due to the new law. Another 65 drivers will benefit from the law after they address
January 3, 2025
Owner of former Fallon HQ to partner with Catholic nonprofit to convert Worcester office building into affordable condos
January 2, 2025As part of the partnership, Synergy will transfer ownership of Two Chestnut Place to the Boston-based nonprofit.
January 2, 2025
Hudson luxury apartments sold to Swiss firm for $67M, a 20% jump from 2022 sale price
January 2, 2025The sale price breaks down to a price of about $379,260 per unit.
January 2, 2025
Berlin daycare, gas station sold for combined $8.8M
December 31, 2024Once a small farming community, Berlin’s population has climbed 16.1% since the creation of Riverbridge Village in 2009.
December 31, 2024
Boston-based developer buys site of proposed Lancaster distribution park for $5.7M
December 30, 2024GFI Partners, a Boston-based developer focusing on industrial properties, has purchased the site of a proposed industrial park in Lancaster for $5.73 million.
December 30, 2024
Future site of 260-unit, wooden-framed Milford apartment complex sells for $9M
December 30, 2024A plot of land in Milford has been sold for $9.1 million to a California-based residential developer, as the firm plans on teaming up with a Japanese firm to construct two all-wood residential buildings.
December 30, 2024
Burlington private equity firm buys Worcester hotel for $20.4M
December 30, 2024This sale represents AAM 15’s first hotel purchase in Central Massachusetts.
December 30, 2024
Construction of 230-unit residential development in Acton underway
December 27, 2024Construction of Rivage, a 230-unit residential development in Acton, is underway with an expected completion in the spring of 2026.
December 27, 2024
Student housing on tap for former Hope Lodge following $950K sale
December 27, 2024The former Hope Lodge at 7 Oak St. in Worcester is set to see a new life as student housing, following a $950,000-purchase by an Oxford-based firm.
December 27, 2024
Longtime Worcester auto repair business expanding after $1.8M purchase of two industrial parcels
December 27, 2024Franchi Brothers first opened for business in 1936 and is in its third generation of family ownership.
December 27, 2024
Making big boxes fun again: As large retail spaces become vacant, landlords are finding immersive businesses like mini golf and pickleball can keep the crowds coming in
Updated: December 23, 2024Converting big-box retail spaces has become increasingly necessary as digital retail impacts demand.
Updated: December 23, 2024
Suburban zombies: Falling demand for office space forces building owners to get creative
Updated: December 23, 2024Overall, the amount of available space in suburban Central Massachusetts office markets is more than 90 football fields.
Updated: December 23, 2024
Weathering the perfect storm: Worcester’s slate of multifamily developments was hit hard in the last year, but a handful of projects were able to break through
Updated: December 23, 2024Some of Worcester’s proposed housing projects falling by the wayside isn’t helping the region’s housing crisis.
Updated: December 23, 2024
Q&A: Executive behind redevelopment of Worcester Auditorium is more optimistic than ever
Updated: December 23, 2024The Worcester Memorial Auditorium, colloquially known as the Aud, has sat vacant for the past 25 years.
Updated: December 23, 2024
A tale of two towers: The Mercantile Center and The Glass Tower's efforts to become go-to downtown destinations
Updated: December 23, 2024Worcester’s two tallest office buildings have had quite the wild ride over the past 10 years.
Updated: December 23, 2024
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