Worcester Business Journal
The Orchard Hills Athletic Club in Lancaster and its associated real estate has been sold in a deal valuing the land and facilities at $8 million. Mark Johns and Thomas Bodden of Kelleher & Sadowsky completed the transaction on behalf of the seller.
Worcester Telegram
Philly Pretzel Factory, a Pennsylvania-headquartered franchise, is eyeing the modestly sized building at 490 Grafton St., according to Madison O’Brien, an associate for Kelleher & Sadowsky.
Worcester Business Journal
Leicester Country Club, a public golf course tracing its roots back to the 1860s, is on the market for $4.25 million. The sale includes about 223 acres of land with four main parcels featuring four buildings, including the clubhouse and a ranch-style house adjacent to the course.
Worcester Business Journal
Both Central Massachusetts and real estate firm Kelleher & Sadowsky Associates have grown a lot since 2010, and Jim Cozza has played a hand in all that growth.
In response to the unprecedented challenges posed by the COVID-19 pandemic, the U.S. Federal Reserve introduced a historic fiscal stimulus package, infusing the economy with vast amounts of capital. This initiative helped stave off an economic contraction that many economists feared, but it also gave rise to a unique set of new challenges.
When consumers feel secure about their jobs, their investments, and their overall safety, their willingness to spend on goods and services increases. This trend was particularly noticeable in 2023 and is expected to continue shaping the retail landscape in 2024.
When it comes to choosing a location for your commercial real estate investment, there are several key factors to consider. Here are five of the most important ones.
Every bank has a unique approach to managing its business. No one bank executes the exact same lending strategy. Not surprisingly, commercial mortgage rates offered by banks throughout Worcester, Central Massachusetts and the MetroWest region vary widely.
A recent survey by Resonai, a software company that develops solutions transforming physical spaces into smart digital environments, showed that commercial real estate is set to become the norm in the near future.
All industrial zoned land and buildings are either utilized or suited for industrial activities, such as manufacturing, distribution, processing, and warehousing. They can be considered either a factory or a plant and include things such as warehouses, garages, and distribution centers etc. They are usually zoned for light, medium, or heavy industry as well.
