Finding Opportunity Amid the COVID-Induced Slowdown

Philip DeSimone – Executive Vice President September 2020 The COVID-19 health crisis has sent a shock wave throughout the U.S. economy. In the second quarter, U.S. gross domestic product (GDP) declined from the first quarter by 32.9% when measured on an annualized measure. In Massachusetts, the economy shrank at an even more staggering pace, plummeting [...]

2020-09-11T13:25:08+00:00

Opportunity for Build-to-Suit Industrial Warehouse Space in Worcester

Drew Higgins August 2019 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 from [...]

2019-08-27T19:23:39+00:00

The Reactory: Worcester’s Master Planned Park Focused On Biomanufacturing

James G. Umphrey – Principal
June 2019

The WBDC recently unveiled Worcester’s first master planned park focused on biomanufacturing calling it The Reactory. Located alongside UMass Medicine Science Park and the continually expanding UMass Medical School, The Reactory’s master plan allows for eight shovel-ready parcels that can accommodate up to 530,000 square feet of top-quality biomanufacturing facilities.

2019-08-27T19:30:13+00:00