Worcester Business Journal
The lease by Route 12 Pickle for the 30,000-square-foot anchor space makes Wachusett Plaza 100% leased, according to Kelleher & Sadowsky V.P. Thomas Bodden, the result of a four-year push to fill the plaza which was decimated by a loss of tenants in 2019.
Worcester Business Journal
New York real estate investment company Rabina obtained $13.5 million to refinance its 210,000-square-foot distribution center at 26 Millbury St. in Auburn. Refinancing was arranged with Rockland Trust by Kelleher & Sadowsky Senior Vice President of Capital Markets Meghan Liddy.
Worcester Business Journal
The more than 200-year-old law firm Fletcher Tilton will move into two floors in the Mercantile Center at 100 Front St. in Worcester, including the fifth floor, which currently houses the Telegram & Gazette, the media organization whose logo adorns the top of the office tower.
Worcester Business Journal
The UMass president’s office is leaving its offices at 333 South St and relocating to 50 Washington Street in Westborough. Kelleher & Sadowsky’s Principals William Kelleher and James Umphrey and Executive Vice President Philip DeSimone represented UMass in the lease transaction.
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.