With its highest level of economic and cultural activity in decades, Worcester is one of the most desirable locations in all New England for commercial real estate projects. If you are interested in learning more about the great development opportunities in the region, we’ve got the local knowledge in all sectors of the commercial real estate market to meet your goals and objectives.
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For Voting Kelleher & Sadowsky Best Commercial Real Estate Brokerage In Central MA Two Years In A Row
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K&S Named One of Top CRE Leasing Firms in Metro Boston

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Slide Two New Tenants Move Into Mercantile Center In Downtown Worcester Worcester Telegram October 2021 Mercantile Center has two new tenants: The Commonwealth of Massachusetts Committee For Public Counsel Services (CPCS) and the law firm of Boyle-Shaughnessy Law. William Kelleher of Kelleher & Sadowsky represented the landlord on both transactions. Read More Slide 'Never Seen Anything Like This': Industrial Real Estate Market Soaring In Worcester Worcester Telegram August 2021 Jim Umphrey has worked in the Worcester real estate market for 35 years, and he can't believe what has happened over the past 18 months. "I've never seen anything like this," Umphrey said of the red-hot industrial market. A principal at Kelleher & Sadowsky, a commercial real estate broker in Worcester, Umphrey said rents for industrial properties skyrocketed over the past year-and-a-half, a stretch that includes the coronavirus pandemic. Read More Slide Optimism High That Worcester Office Market Will Weather the Pandemic Storm Worcester Telegram August 2021 Chip Norton, managing director at Franklin Realty Advisors LLC in Wellesley Hills, is one of several real estate professionals who see a bright future for Worcester's commercial office buildings. Another is Jim Umphrey, a principal at Kelleher & Sadowsky, a commercial real estate broker in Worcester that transacts lease deals for several clients including Norton. “I’m pretty optimistic things are coming back,” Umphrey said. “There’s good activity. It’s a lot better than a year ago.” Read More Slide Movers & Shakers Milford Daily News June 2021 Kelleher & Sadowsky Associates Inc, a commercial real estate firm serving Worcester County and MetroWest, recently announced that Joseph Laursen of Shrewsbury and Madison O’Brien of Boston have been added to its brokerage team as new associates. Read More Slide Unum Building In Downtown Worcester To Become One Mercantile Office Space Worcester Telegram & Gazette April 2021 Franklin Realty Advisors will work with Kelleher & Sadowsky, Conventures Inc. and SGA to rebrand and market the building as One Mercantile, a multitenanted Class A office building, according to a release by the groups Wednesday. The marketing campaign for the space will showcase the building’s strengths as the newest property in the market with the largest floor plate available, the best amenity package and a well-capitalized sponsor. Read More Slide Movers & Shakers The Milford Daily News April 2021 Kelleher & Sadowsky Associates recently announced that Todd S. Alexander of Westborough has joined the commercial real estate firm as an executive vice president. Alexander will provide retail real estate services to both tenants and landlords throughout New England, as well as help grow the firm’s presence in MetroWest across all asset types. Read More Slide Downtown Businesses Weigh Space Demands: Employers Consider Bringing Remote Workers Back vs Subleasing Excess Space Worcester Telegram & Gazette April 2021 Jim Umphrey, president of Kelleher & Sadowsky, estimates downtown Worcester currently sits at 15% vacancy for office space. Traditionally the vacancy percentage is around 8%, he said, but the vacant Unum space nearly doubled the amount of vacancy in the market. Read More Slide Worcester Has a Story to Tell: Developers Still Target City as a Market Prime for Growth Following the Pandemic March 2021 “As cities like Boston have been priced incredibly expensive for development, Worcester has been seen as a place of opportunity from a return-on-investment perspective,” said James Umphrey, a principal at Kelleher and Sadowsky Associates. Read More Mass Live