Worcester Business Journal
The more than 200-year-old law firm Fletcher Tilton will move into two floors in the Mercantile Center at 100 Front St. in Worcester, including the fifth floor, which currently houses the Telegram & Gazette, the media organization whose logo adorns the top of the office tower.
Worcester Business Journal
The UMass president’s office is leaving its offices at 333 South St and relocating to 50 Washington Street in Westborough. Kelleher & Sadowsky’s Principals William Kelleher and James Umphrey and Executive Vice President Philip DeSimone represented UMass in the lease transaction.
Worcester Business Journal
Sustainable Comfort, a Worcester-based real estate and development firm, purchased a seven-unit multifamily building at 3 Irving St. in Worcester for $1,060,000. The seller was Vista Estates, LLC of Worcester and represented by Kelleher & Sadowski broker Madison O’Brien and principal Will Kelleher.
Worcester Business Journal
Even people who do not follow commercial real estate recognize the Kelleher & Sadowsky name from its signs on properties throughout Central Massachusetts. The company leased nearly 2 million square feet and sold $156 million in commercial space in 2022.
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.
