Worcester Business Journal
A 46,000-square-foot industrial building along Route 20 in Auburn, sold in March for $4.8 million, has been leased to Indiana manufacturer OTECH Corp., according to Kelleher & Sadowsky Associates of Worcester, which brokered the lease and the sale.
Worcester Business Journal
Chacharone Properties of Worcester has purchased 557 Main St., the former site of a Walgreens Pharmacy in Shrewsbury for $970,000. Meghan Liddy and Todd Alexander of Kelleher & Sadowsky represented the seller and procured the buyer.
Worcester Business Journal
Lundgren bought the 39,000-square-foot facility at 10 Cabot St. for $2.1 million and the 34,000-square-foot 80 Optical Drive for $3.8 million in a deal that closed on May 27, according to Worcester real estate firm Kelleher & Sadowsky Associates, whose Chris Naff and Jim Umphrey brokered the deal.
The Patch
McCord has leased 58,965 square feet to Aspen Aerogels, Inc. (NYSE:ASPN) for its Advanced Thermal Barrier Center (ATBC) at 870 Donald Lynch Blvd, a former Sports Authority big box retail store. Representing McCord on the transaction was Phil DeSimone and Andrew Sherman of Kelleher and Sadowsky.
New England Real Estate Journal
Framingham-based medical alert company, Lifeline Systems Co., has leased 40,000 square feet of office space at 200 Donald Lynch Blvd. in Marlborough. Philip DeSimone, Andrew Sherman, and Brian Johnson of Worcester’s Kelleher and Sadowsky represented the lessor.
Worcester Business Journal
The site of the Worcester Surgical Center at 300 Grove St. has sold for $9 million to a local orthodontist and entrepreneur Sam Alkhoury. The site will remain as medical offices, said Drew Higgins of Kelleher & Sadowsky.
Worcester Business Journal
A 267,000-square-foot Class A warehouse will be constructed on a plot of land at 90 Huntoon Memorial Highway in Leicester. The site is under construction with completion expected in April.
Worcester Business Journal
The Worcester Registry of Deeds is extending its stay in the city’s downtown. The Massachusetts Division of Capital Asset Management and Maintenance has signed a new 10-year lease agreement for 15,859 square feet in the Mercantile Center, providing updated offices for the Worcester Registry of Deeds, which has been a tenant in the building for more than 15 years.
Worcester Business Journal
The 5.3-acre property of the former Lady of Mount Carmel Church on Mulberry Street in Worcester sold for $5.6 million. The sale is the culmination of a five-year effort which required Vatican approval, said Higgins, who represented the seller in the transaction with Kelleher & Sadowsky President Jim Umphrey.
Worcester Business Journal
Massachusetts Biomedical Initiatives’ expansion is a partnership with Massachusetts Life Sciences Center, a Waltham-based economic development public-private agency. The transaction was brokered by Worcester-based Kelleher & Sadowsky Associates, Inc. and Chicago-based JLL.
New England Real Estate Journal
According to Paradigm Properties, the company along with North Colony Asset Management have completed the purchase of 111 Speen St. Phil DeSimone, Andrew Sherman, Todd Alexander, and Ross Miner of Kelleher & Sadowsky have been retained to provide leasing services to recruit tenants across a variety of industry segments.
Worcester Business Journal
The final two vacant parcels in downtown Worcester’s CitySquare development, including the site of the demolished Notre Dame church, sold for $5 million to a Rhode Island residential developer, according to the Worcester South District Registry of Deeds.