Resilience: An Open Letter From Chris Coghlin

Over the past five months, our valued clients at Coghlin Companies has shown tremendous resilience in the face of one of the most challenging times in our history. Take a moment to listen to Chris Coghlin’s message of gratitude to his treasured Caring Associates.

2020-09-14T20:49:04+00:00

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

Kelleher & Sadowsky Begins Expansion East with Addition of Former JLL Managing Director and Vice President

WORCESTER, Mass., August 5 – Kelleher & Sadowsky Associates, Inc., the leading commercial real estate firm in Worcester and Central Massachusetts, announced today the addition of two former JLL Boston veterans, Philip A. DeSimone and Andrew J. Sherman to lead its expansion eastward into the MetroWest and suburban Boston areas. With more than 30 years [...]

2020-08-05T19:07:07+00:00

Pandemic Could Create Glut Of Office Space In Worcester

Worcester Telegram & Gazette – June 2020 While some brokers noted that a trend in companies downsizing their physical footprint predated the pandemic, the fear is that given COVID-19-imposed health restrictions, these types of moves will become more and more common. “New activity has slumped off quite a bit in the market,” said Jim Umphrey, president of Worcester-based Kelleher & Sadowsky. Even though the industry was deemed a necessary one and allowed to continue operating throughout Gov. Charlie Baker’s shelter-in-place regulations, “it’s been more challenging to rent space” since the onset of the coronavirus.

2020-06-30T13:46:23+00:00

Umphrey and Higgins of Kelleher & Sadowsky Sell First Land Parcel at The Reactory Biomanufacturing Campus to WuXi Biologics for $1.5 Million

May 2020
Kelleher & Sadowsky Associates, Inc., a commercial real estate firm serving Worcester and Central Massachusetts, announced today the $1.5 million sale of a seven acre parcel of land at The Reactory on behalf of Worcester Business Development Corporation (WBDC) to WuXi Biologics (WuXi), a global contract development manufacturer of biological products on behalf of biotechnology and pharmaceutical companies.

2020-06-15T17:44:04+00:00

Kelleher & Sadowsky Orchestrates $13 Million Office Building Sale in Worcester

March 2020
Kelleher & Sadowsky Associates, Inc., a commercial real estate firm serving Worcester and Central Massachusetts, announced today the $13 million sale of the 85,000-square-foot office building at 324 Clark Street on behalf of Worcester Investment Group to Lowfield Realty Group, a Massachusetts limited liability corporation affiliated with Vincent J. CampoBasso of Leominster.

2020-03-31T15:37:35+00:00

Spaces That Work: Shared Spaces

Guest Blogger: Alexis Sheehan - Sheehans Office Interiors March 2020 Across industries and space planning approaches, shared spaces are increasingly integral to every workplace. Well planned shared spaces not only give employees a choice in where and how they work, but they also connect people to their space and each other. Shared spaces may [...]

2020-04-07T16:19:21+00:00

Spaces That Work: Healthier Workspaces

Guest Blogger: Alexis Sheehan - Sheehans Office Interiors March 2020 Ergonomics is a term that is frequently used, but has many meanings. We know it plays a fundamental role in the health and performance of people and is closely tied to an individual’s wellness. But in today’s competitive market for talent, a company’s commitment [...]

2020-04-07T16:21:43+00:00

Worcester’s Most Well-Informed Businessman

Worcester Business Journal - February 2020
During this inaugural episode of The Weekly Business Report, Jim Umphrey from Kelleher & Sadowsky sits down with Worcester Business Journal editor Brad Kane and talk show host Hank Stolz to discuss new institutional investment coming into Worcester.

2020-02-14T17:01:40+00:00

Kelleher & Sadowsky Sells Worcester Plaza Tower for $16.5M

October 2019 Kelleher & Sadowsky is proud to announce the $16.5 million sale of the Worcester Plaza Tower with Synergy Investments, a Boston commercial real estate firm. Kelleher & Sadowsky’s principal James G. Umphrey procured the buyer and represented the seller, S-BNK Worcester Main, an entity registered to the Casey Brothers Trust of Boston. The [...]

2019-10-17T14:47:19+00:00