Worcester: On The Move
The fundamentals look very strong. Low unemployment, rising wages and an abundance of capital available create favorable market conditions. With a strong consumer foundation, willing investors, and projections for increased business spending, the signs have been pointing toward continued growth in 2020.
Nationwide demand for urban warehouse space has outpaced supply in the past decade.
Supply of Industrial Warehouse Space in U.S.
Before the recession occurred in 2008, there was a fair amount of new warehouse construction. But the recession led companies to vacate their industrial real estate. When the recovery […]
Worcester has among some of the best physical and intellectual infrastructure for doing business in New England. Centrally located, Worcester is the second largest city in the region with a growing population of 185,000+ people. Easy access, leading universities, top medical institutions, vibrant cultural and entertainment options, as well as a low cost of living make Worcester an increasingly attractive option for employers and employees. When you move to Worcester, the ever-expanding infrastructure of the city will have a direct and significant impact on your business.
Tax Cuts and Jobs Act of 2017
Created by the Tax Cuts and Jobs Act of 2017, the federal government’s Opportunity Zones are re-shaping the real estate landscape throughout the entire United States.
An Opportunity Zone is an economically-distressed Census Tract where new investments, under certain conditions, […]