Jim Umphrey
Lundgren Buys Up More of Southbridge Innovation Center With $6M Acquisitions
Lundgren bought the 39,000-square-foot facility at 10 Cabot St. for $2.1 million and the 34,000-square-foot 80 Optical Drive for $3.8 million in a deal that closed on May 27, according to Worcester real estate firm Kelleher & Sadowsky Associates, whose Chris Naff and Jim Umphrey brokered the deal.
Worcester Dentist Expands Medical Real Estate Portfolio With $9M Worcester Surgical Center Purchase
The site of the Worcester Surgical Center at 300 Grove St. has sold for $9 million to a local orthodontist and entrepreneur Sam Alkhoury. The site will remain as medical offices, said Drew Higgins of Kelleher & Sadowsky.
Site of Mount Carmel Church Sold For $5.6M, Construction On Housing Complex To Begin
The 5.3-acre property of the former Lady of Mount Carmel Church on Mulberry Street in Worcester sold for $5.6 million. The sale is the culmination of a five-year effort which required Vatican approval, said Higgins, who represented the seller in the transaction with Kelleher & Sadowsky President Jim Umphrey.
As Life Sciences Industry in Worcester Grows, Panel Says City Needs More Space For Lab
Worcester Telegram
While there was once little demand for lab space to build the life sciences industry in Worcester, a panel of real estate and life sciences professionals say that the city now has to think about creating more space for a burgeoning industry. The panelists included James G. Umphrey, principal at Kelleher & Sadowsky…
'Never Seen Anything Like This': Industrial Real Estate Market Soaring In Worcester
Jim Umphrey has worked in the Worcester real estate market for 35 years, and he can't believe what has happened over the past 18 months. "I've never seen anything like this," Umphrey said of the red-hot industrial market. A principal at Kelleher & Sadowsky, a commercial real estate broker in Worcester, Umphrey said rents for industrial properties skyrocketed over the past year-and-a-half, a stretch that includes the coronavirus pandemic.
Worcester Has a Story to Tell: Developers Still Target City as a Market Prime for Growth Following the Pandemic
Mass Live
"As cities like Boston have been priced incredibly expensive for development, Worcester has been seen as a place of opportunity from a return-on-investment perspective," said James Umphrey, a principal at Kelleher and Sadowsky Associates.
Mirick O'Connell Signs 10-year Lease Renewal With Mercantile Center In Downtown Worcester
Mirick O'Connell has signed a 10-year lease to remain in the Mercantile Center in downtown Worcester. The law firm will occupy more than 32,000 square feet on the 16th, 17th and 18th floors of 100 Front St. In the lease agreement, David Campbell of Hunneman represented the tenant (Mirick O'Connell) and Jim Umphrey and Will Kelleher of Kelleher & Sadowsky represented the landlord (Franklin Realty Advisors).