Worcester Business Journal
VNA Care Network Foundation, Inc. has sold its Worcester building on Thomas Street to First American Realty, Inc. , a Worcester-based real estate firm which abuts the VNA Care’s former office. William Kelleher, a principal at Worcester-based Kelleher & Sadowsky Associates, Inc. brokered the deal.
Worcester Telegram
While there was once little demand for lab space to build the life sciences industry in Worcester, a panel of real estate and life sciences professionals say that the city now has to think about creating more space for a burgeoning industry. The panelists included James G. Umphrey, principal at Kelleher & Sadowsky…
Worcester Business Journal
In a sale brokered by Kelleher & Sadowsky, Industrial Polymers and Chemicals, sold its 87,200-square-foot Shrewsbury headquarters for $9.25 million. The company will remain as a tenant at 508 Boston Turnpike in Shrewsbury, using 47,000 square feet.
CoStar Research
Marcus Partners and Howland Development have secured a full-building user for their new, high-bay warehouse under construction in Haverhill, Massachusetts. Richard Ruggiero, Torin Taylor and Edward Jarosz of Newmark represented the development joint venture and Todd Alexander and Andrew Sherman of Kelleher & Sadowsky Associates represented the tenant.
Worcester Business Journal
The property, located at 5 Millennium Dr. in Grafton, was part of a regional effort by the Worcester Business Development Corp. to develop CenTech Park, a 121-acre technology park in Shrewsbury and Grafton.
Worcester Business Journal
The Edward M. Kennedy Community Health Center, headquartered in Worcester, sold its former Lincoln Street location to a local dentist for about $1.5 million, according to the Worcester South District Registry of Deeds. The Worcester-based commercial real estate firm Kelleher & Sadowsky represented both the seller and the buyer. Will Kelleher represented the seller, The Edward M. Kennedy Community Health Center. Drew Higgins represented the buyer, Dr. Houssam Alkhoury.
For the third year in a row, Kelleher & Sadowsky was recently selected as a Best in Business winner amongst commercial real estate firms in Central Massachusetts by readers of Worcester Business Journal. WBJ’s Best of Business Awards celebrate the business-to-business companies in the region that have been recognized by their peers as the “best of the best” in their respective industries.
Worcester Business Journal
Albert Maykel sold the two-story, 12,257-square-foot building on Chandler Street for $1.5 million. The property was bought in a sale by Kai Real Estate LLC. Kelleher & Sadowsky brokers William Kelleher IV and Mark Johns represented the sellers in the transaction.
Worcester Business Journal
Worcester nonprofit Goddard/Homestead has purchased a 24-acre site at 781 Grove Street in Worcester for $4.75 million, where it will be developed into 158 senior living apartments in a 150,000-square-foot, three-story building.
Telegram & Gazette
The power plant of the Southbridge Innovation Center at 60 Optical Dr. sold for $5.5 million after six months on the market. The 35,247-square-foot, two-story concrete building, built in 1910 as part of the original American Optical complex, sits on the 150-acre campus of the Southbridge Innovation Center, a 1.2 million square foot, 14 building multi-tenanted business park.
Worcester Business Journal
“Not only does the I-290Connector offer the largest available flex/lab/office space in the market, but it also places its tenants in proximity to a thriving life sciences ecosystem,” Phil DeSimone, executive vice president of Kelleher & Sadowsky, said in a statement.
New England Real Estate Journal
Kelleher & Sadowsky Associates completed the land sale of 520 Park Ave. and 111 Maywood St. totaling 7.3 acres by Family Holdings Nominee Trust and Jerek Realty, Inc. to Clark University for $6.95 million.