Worcester Business Journal
The Worcester commercial real estate brokerage hired as a new executive vice president Dan Cordeau, the former director of leasing at DCAMM and regional senior vice president of Leasing at Alexandria Real Estate Equities.
Worcester Business Journal
Worcester commercial real estate firm Kelleher & Sadowsky Associates hired a new vice president, Dan May, who previously served as a senior transaction manager in Cushman & Wakefield’s Boston office.
New England Real Estate Journal
Timberline Construction Corp has opened its second office location in the city at 1 Mercantile St. Timberline worked with Kelleher & Sadowsky to solidify the new location at 1 Mercantile St. in the CitySquare area of downtown.
Worcester Business Journal
KARL STORZ Endoscopy-America, a medical technology manufacturer based in California, signed a new lease expanding from 140,000 square feet of space to 225,629 square feet at its 28 Millbury St. facility in Auburn.
The prospect of even a mild recession presents many challenges for the commercial real estate industry. Learn about the different asset classes heading into 2023 in Worcester, Central Mass and the MetroWest region.
Vacancies are down, rents are up, and more stores are opening than closing. Despite many believing the pandemic would be the end of brick-and-mortar as we know it, store owners are, posting some of their best numbers in years.
Take a walk in downtown Worcester and its surrounding neighborhoods, and you'll see vibrant, bustling areas that highlight the transformative impact of the $565 million CitySquare development project.
During the California Gold Rush, early settlers were able to stake their claim and command the market. The cannabis market in Massachusetts in recent years has been no different.
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.
