Worcester and the entire Central Massachusetts area — essentially coinciding with Worcester county — is the second-most populous county in Massachusetts. Developments in the biotechnology and high-tech industries, the healthcare industry, pharmaceuticals and manufacturing highlight those areas of greatest recent economic growth. Furthermore, many new sectors are rapidly emerging as centers of business activity, including fiber optics and electronics. In general, the region’s workforce is highly educated, skilled and well-trained.

For business, primary real estate concerns include availability of on-site parking, convenient location, heavy pedestrian and vehicle traffic, proximity to competitive businesses, applicable permits/licenses (e.g., entertainment, food, etc.), highway access and zoning-regulation compliance. Most businesses are being offered with existing inventory.