News Article

Nonprofit Buys Former Saint Peter-Marian School Site To Build 158-Unit Senior Housing

Worcester Business Journal Worcester nonprofit Goddard/Homestead has purchased a 24-acre site at 781 Grove Street in Worcester for $4.75 million, where it will be developed…

Southbridge Innovation Center Power Plant Sells For $5.5M

Telegram & Gazette The power plant of the Southbridge Innovation Center at 60 Optical Dr. sold for $5.5 million after six months on the market.…

Chacharone Seeks Life Sciences Tenants for Former Allegro MicroSystems Site

Worcester Business Journal “Not only does the I-290Connector offer the largest available flex/lab/office space in the market, but it also places its tenants in proximity…

Kelleher & Sadowsky Orchestrates Sale of Vacant Parcels on Park Ave. to Clark University for $6.95m

New England Real Estate Journal Kelleher & Sadowsky Associates completed the land sale of 520 Park Ave. and 111 Maywood St. totaling 7.3 acres by…

Software Company Moving into One Mercantile in Downtown Worcester

Telegram & Gazette ComputerVault Inc. has signed an eight-year lease at One Mercantile beginning in January, moving its corporate headquarters to downtown Worcester. Will Kelleher,…

Retail Shifts Have Changed the Way Planners and Developers Are Approaching Real Estate

Worcester Business Journal Compared with other countries, the United States has an exorbitant amount of retail space with an estimated 25 square feet of retail…

‘Never Seen Anything Like This’: Industrial Real Estate Market Soaring In Worcester

Worcester Telegram & Gazette Jim Umphrey has worked in the Worcester real estate market for 35 years, and he can't believe what has happened over…

Unum Building In Downtown Worcester To Become One Mercantile Office Space

Worcester Telegram & Gazette Franklin Realty Advisors will work with Kelleher & Sadowsky, Conventures Inc. and SGA to rebrand and market the building as One…

Worcester Has a Story to Tell: Developers Still Target City as a Market Prime for Growth Following the Pandemic

Mass Live “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…

Mirick O’Connell Signs 10-year Lease Renewal With Mercantile Center In Downtown Worcester

Worcester Telegram Mirick O’Connell has signed a 10-year lease to remain in the Mercantile Center in downtown Worcester. The law firm will occupy more than…

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