A former shoe company complex that’s home to three of Worcester’s largest office tenants has received $20.4 million in financing from Rockland Trust Co. as the bank expands its central Massachusetts presence.
A state agency has leased 7,686 square feet at Worcester’s Mercantile Center for new offices.
Front Street Capital LLC has recapitalized its Mercantile Center property in downtown Worcester, including $75 million in debt from four lenders and $15 million in equity from local investors.
Worcester’s Mercantile Center will add a new retail tenant this fall as coffeehouse Fuel America opens its first cafe outside Boston.
Watertown-based engineering firm VHB is the newest tenant leasing office space at Worcester’s Mercantile Center redevelopment.
Health care staffing company Barton Assoc. has leased 14,234 square feet at 120 Front St. at Mercantile Center, a recently renovated 9-story office building in downtown Worcester owned by Franklin Realty Advisors.
A Worcester data company that uses predictive analytics to rate real estate properties in areas ranging from risk of fire losses to investment opportunities will move to new offices at Mercantile Center in downtown Worcester.
