Worcester Business Journal
The former Providence and Worcester Railroad headquarters at 75 Hammond St. in Worcester has been sold by the railroad for $1.85 million. The buyer was 75 Hammond Street LLC of Woburn, registered to Gilvan Miranda, owner and operator of MQM Cleaning and Facility Services.
New England Real Estate Journal
Brian Johnson, Drew Higgins and Jim Umphrey of Kelleher & Sadowsky facilitated a sale-leaseback of 15 Coppage Drive in Worcester for $9.3 million. The 86,856 SF manufacturing facility was sold by Coppage Holdings, Inc to an entity registered by Steven Goodman of GFI Partners.
Worcester Business Journal
Technology firm Xceedance has opened its new global headquarters at 1 Mercantile St. in Worcester, the former Unum building. In the lease agreement, Kelleher & Sadowsky’s Jim Cozza, Will Kelleher and Philip DeSimone represented Franklin Realty as lessor; Avison Yong of Boston represented Xceedance as lessor.
Rebusiness Online
A partnership between The Brennan Group, John M. Corcoran & Co. and Berkeley Partners has broken ground on Gateway Central, a 267,600-square-foot industrial facility in Leicester. Newmark has been tapped as the leasing agent in conjunction with Kelleher & Sadowsky.
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.