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Westborough developer proposes 300-unit housing project in Grafton
Katherine Hamilton February 17, 2022A local developer proposed 300 units of 40B apartment- and townhouse-style housing in Grafton at a selectboard meeting Tuesday night.
Car dealer sells Grafton development site, turning $3-million profit
Katherine Hamilton February 7, 2022A nearly 10-acre plot of developable land in Grafton’s technology park CenTech Park, sold for $3.5 million, according to the Worcester South District Registry of Deeds.
Rocco’s Doughnut opening Worcester location Wednesday
Monica Benevides February 4, 2022Rocco’s Doughnut Co. will open a Worcester location on Wednesday, owner Joseph Astrella confirmed Thursday afternoon, marking the shop’s third location.
SALMON Health sells Northbridge nursing home location for $4M
Katherine Hamilton January 31, 2022Two nursing home properties in Northbridge sold for $3.7 million, becoming SALMON Health’s second facility property to sell in the last six months.
Nichols names retired MAPFRE execs as board chair and vice chair
Katherine Hamilton January 28, 2022Nichols College in Dudley has elected a new chair and vice chair of its 29-member board of trustees.
Worcester developer buys $1.4M Grafton complex
Katherine Hamilton January 28, 2022An eight-unit condominium complex in Grafton sold for $1.4 million to Michael Ermani, a Worcester-based developer who made several multi-million purchases in the region last year.
Uxbridge manufacturer names Biagioni as president
Sloane M. Perron January 27, 2022John Biagioni has been hired as the new president of Lampin Corp., a precision component manufacturer based in Uxbridge.
Grafton Flea Market sells for $1M to Worcester convenience store owners
Katherine Hamilton January 26, 2022The Grafton Flea Market sold for $1.1 million on Friday to the owners of a small convenience store in Worcester, according to the Worcester South District Registry of Deeds.
Worcester landlord sells five Webster properties for $2.4M
Katherine Hamilton January 24, 2022Five multi-families in downtown Webster were sold by Worcester-based 7 Hills Property Management for $2.4 million, according to the Worcester South District Registry of Deeds.
Indiana real estate firm buys Northbridge healthcare campus for $10.5M
Katherine Hamilton January 20, 2022A seven-acre Northbridge healthcare campus has sold for $10.5 million, according to the Worcester South District Registry of Deeds.
Today's Poll
In June, the median single-family home price in Worcester County rose by 2.6% to $513,000 while the median home price in Middlesex County climbed by 2.2% to a $905,000. These increased prices have not deterred buyers, as the counties saw a 10.8% and a 6.2% increase in transactions over-the-year from last June, respectively.
Despite the increase in sales, Massachusetts is experiencing an unhealthy house-price-to-income ratio, with the typical home in Massachusetts costing six times the average annual household income, according to The Boston Globe.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
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Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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Get the Daily Report
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
-
Subscribe
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
-
Worcester 300, City of Innovators
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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