Worcester Business Journal
Planet Fitness is expanding its Worcester presence to Downtown after inking a 12-year lease at the Mercantile Center. Planet Fitness’ lease was brokered by Todd Alexander of Worcester’s Kelleher & Sadowsky Associates.
According to BBJ’s 2024-25 Book of Lists, Kelleher & Sadowsky is the highest ranked independent and locally-owned commercial real estate in the metro-Boston region.
Worcester Business Journal
I used to joke that Jim Umphrey was the most informed professional in the local business community. Of course, every joke has some degree of truth. The real estate beat is key to understanding the inner workings of the Central Massachusetts economy.
Worcester Business Journal
Ben Minsk had been in retirement for five years when he decided he needed to find something to do with the rest of his life. His answer? Rt. 12 Pickle, an indoor pickleball club in West Boylston he opened on Feb. 1.
In response to the unprecedented challenges posed by the COVID-19 pandemic, the U.S. Federal Reserve introduced a historic fiscal stimulus package, infusing the economy with vast amounts of capital. This initiative helped stave off an economic contraction that many economists feared, but it also gave rise to a unique set of new challenges.
When consumers feel secure about their jobs, their investments, and their overall safety, their willingness to spend on goods and services increases. This trend was particularly noticeable in 2023 and is expected to continue shaping the retail landscape in 2024.
When it comes to choosing a location for your commercial real estate investment, there are several key factors to consider. Here are five of the most important ones.
Every bank has a unique approach to managing its business. No one bank executes the exact same lending strategy. Not surprisingly, commercial mortgage rates offered by banks throughout Worcester, Central Massachusetts and the MetroWest region vary widely.
A recent survey by Resonai, a software company that develops solutions transforming physical spaces into smart digital environments, showed that commercial real estate is set to become the norm in the near future.
All industrial zoned land and buildings are either utilized or suited for industrial activities, such as manufacturing, distribution, processing, and warehousing. They can be considered either a factory or a plant and include things such as warehouses, garages, and distribution centers etc. They are usually zoned for light, medium, or heavy industry as well.
