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.
Worcester Business Journal
Even people who do not follow commercial real estate recognize the Kelleher & Sadowsky name from its signs on properties throughout Central Massachusetts. The company leased nearly 2 million square feet and sold $156 million in commercial space in 2022.
Worcester Business Journal
Philip DeSimone, executive vice president at Worcester real estate brokerage Kelleher & Sadowsky Associates said the life sciences market was extremely strong through 2020 and 2021 due to lots of venture capital investment, low interest rates, and the fact the pandemic was profitable for some biotech companies in Boston and Cambridge.
Worcester Business Journal
Lackey Dam Logistics Center, proposed by national developer Scannell Properties on the on the Uxbridge-Sutton line, is permitted and is seeking a tenant so construction can begin, adding to the industrial inventory along Route 146.
Worcester Business Journal
Atlas Event Group is moving from its two current Shrewsbury locations to a larger combined space at 910 Boston Turnpike in Shrewsbury. Tom Bodden represented Atlas Event Group. Todd Alexander and Joe Laursen represented Jenny Boston, who subleased the space.
Worcester Business Journal
An affiliate of Boston developer GFI Partners purchased two lots totaling 4.23 acres along Route 20 in Shrewsbury for a combined $1.85 million. Kelleher & Sadowsky’s brokers Thomas Bodden and Joe Laursen represented the sellers and Jim Umphrey represented the buyer.
MassLive
The owner of Worcester Plaza is expanding its presence downtown with the purchase of two more high-rise office buildings.
Worcester Business Journal
Boston developer Synergy Investments, which owns The Glass Tower at 446 Main Street has purchased two more Worcester office buildings, including another high rise, at One and Two Chestnut Place for $10.5 million.
The Real Reporter
Adding to its 2019 investment entrance into the city of Worcester, Synergy Investments has acquired Chestnut Place, a 273,304 SF two-building office complex located in the central business district of Worcester, for $10.5 million.
Worcester Business Journal
“A lot of eyes are on Worcester. It’s the place to be,” said Will Kelleher, principal at Kelleher & Sadowsky. The firm has helped lease space to firms like Mustang Bio, ComputerVault, and Xcxeedance, which all have offices in One Mercantile, the former Unum building.
Framingham Patch
A number of renovations are coming to 111 Speen St., as well as new lease agreements for Wayland-based Ai3 and Workbar. The property aims to thread the needle between office and remote work during the hybrid era.
Worcester Business Journal
The Dahrooge family, owners of Sam’s Auto Body, will retire but retain ownership of the property at 318-322 Shrewsbury St., according to Thomas Bodden, vice president at Worcester real estate firm Kelleher & Sadowsky Associates.