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Southborough high-end car insurer acquired by large New York firm

Hayden Wood Insurance Agency in Southborough, a firm with a specialty in insuring collector cars and motorsport vehicles, has been acquired by New York-based financial firm.

From the Editor: WBJ launches data-rich INSIGHTS special edition

This entire edition is anchored by graphics, charts, and lists full of historical and current data on the most pressing economic indicators for our business community.

🔒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.

🔒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...
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Framingham State University hires inaugural director of external affairs

Framingham State University has created its first-ever director of external affairs position, naming David Halbert to the inaugural role.

🔒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. 

🔒After Nasdaq delisting, ConnectM launches AI-focused subsidiary

ConnectM Technology Solutions, a green energy technology firm out of Marlborough, has announced the creation of Keen Labs.

🔒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.
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🔒Central Mass. firms awarded $5M in tax incentives to create 245 life sciences jobs

Five Central Massachusetts life sciences companies are splitting $5 million in tax incentives to create 245 jobs in the region.

Eleven Central Mass. manufacturers granted $1.8M to increase output

The funding was facilitated by Massachusetts Technology Collaborative’s Center for Advanced Manufacturing, part of a wider $4.6-million effort across the state.
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