Friday, January 4, 2019

Worcester revitalization helps strengthen low vacancy rate

Worcester Telegram
Unlike other municipalities across the country that have experienced booms and bust in their commercial real estate market, Worcester is in the midst of slow, steady, planned growth that started downtown and is emanating outward in concentric circles.

Commercial real estate agent William “Will” Kelleher IV of Kelleher & Sadowsky said the current economic expansion has a momentum that previous expansions lacked and said the end isn’t in sight. As the central business district fills up and businesses continue to see Worcester as a better value than Boston, development opportunities near transportation are getting more attractive.. . . more