Worcester Business Journal
KARL STORZ Endoscopy-America, a medical technology manufacturer based in California, signed a new lease expanding from 140,000 square feet of space to 225,629 square feet at its 28 Millbury St. facility in Auburn.
Worcester Business Journal
In the Worcester real estate market, putting a company sign on an office building is often a function of the size of the lease, rather than purchasing naming rights like at the Polar Park stadium or the DCU Center arena, said Will Kelleher, principal at Worcester real estate brokerage Kelleher & Sadowsky.
Worcester Business Journal
The Greater Worcester Community Foundation will leave its office at 370 Main St. in Worcester for a new space at One Mercantile, Suite 010 – the formerly named Unum Building. The new office is 4,500 square feet and should be open on Sept. 1, said James Cozza, Senior VP at Kelleher & Sadowsky.
Boston Real Estate Times
Timberline Construction Corporation of Canton, Mass. opened its second office location in Worcester at 1 Mercantile Streets to better service its clients in central and western Massachusetts, New Hampshire, and Connecticut. Timberline worked with Kelleher Sadowsky to solidify the new location.
New England Real Estate Journal
Meghan Liddy, senior vice president of capital markets at Kelleher & Sadowsky has arranged refinancing of the industrial distribution property at 26 Millbury St. in Auburn, Mass. in the amount of $13.5 million on behalf of Rabina.
Worcester Business Journal
The lease by Route 12 Pickle for the 30,000-square-foot anchor space makes Wachusett Plaza 100% leased, according to Kelleher & Sadowsky V.P. Thomas Bodden, the result of a four-year push to fill the plaza which was decimated by a loss of tenants in 2019.
Worcester Business Journal
New York real estate investment company Rabina obtained $13.5 million to refinance its 210,000-square-foot distribution center at 26 Millbury St. in Auburn. Refinancing was arranged with Rockland Trust by Kelleher & Sadowsky Senior Vice President of Capital Markets Meghan Liddy.
Worcester Business Journal
The more than 200-year-old law firm Fletcher Tilton will move into two floors in the Mercantile Center at 100 Front St. in Worcester, including the fifth floor, which currently houses the Telegram & Gazette, the media organization whose logo adorns the top of the office tower.
Worcester Business Journal
The UMass president’s office is leaving its offices at 333 South St and relocating to 50 Washington Street in Westborough. Kelleher & Sadowsky’s Principals William Kelleher and James Umphrey and Executive Vice President Philip DeSimone represented UMass in the lease transaction.
Worcester Business Journal
Sustainable Comfort, a Worcester-based real estate and development firm, purchased a seven-unit multifamily building at 3 Irving St. in Worcester for $1,060,000. The seller was Vista Estates, LLC of Worcester and represented by Kelleher & Sadowski broker Madison O’Brien and principal Will Kelleher.