WATERTOWN, Massachusetts – December 24, 2015 –MassEcon unveiled its latest 10 market-ready properties around the Commonwealth as part of its ReadyMass 100 initiative, designed to promote expansion opportunities for businesses. The initiative helps to retain companies growing in Massachusetts and to communicate to both in-state and out-of-state companies that Massachusetts has a ready inventory of properties to meet the needs of businesses of all sizes and across all industry sectors. MassEcon developed this initiative as part of a collaboration with the Commonwealth, regional economic development groups, and the real estate community.
“The ReadyMass100 portfolio is an important marketing tool for the state said Susan Houston, Executive Director of MassEcon, “especially for companies that are evaluating Massachusetts for the first time as an expansion location.”
A team of real estate experts in connection with MassEcon’s state partners rigorously evaluated 15 submitted properties, from which they selected 10. The properties, which include both building and land sites, are certified for immediate occupancy or development, and have met key criteria relating to infrastructure, permitting, size and readiness. The properties can be viewed on MassEcon’s website at: https://massecon.com/services/readymass100/search.
Since its inception in 2009, the ReadyMass 100 has resulted in over 30 success stories that represent over 4 million square feet of absorption. Most recently, the ReadyMass 100 has resulted in finding a Massachusetts home for Baxalta and Pfizer in Cambridge, Amazon in Fall River, Green Mountain Coffee in Burlington, Menck Windows in Chicopee, and Bose in Framingham.
The latest ReadyMass 100 portfolio includes properties from all corners of the state. Of the total 79 properties, 16 are located in Gateway Cities.
Newly Added ReadyMass 100 Properties
MassEcon, founded in 1993, is a non-profit, non-partisan entity that serves as the state’s private sector partner in promoting Massachusetts as the premier choice for business growth. Its services include the Site Finder Service, which helps expanding and relocating companies find a home in the Commonwealth; the Research & Information Service, which provides companies with the information they need to evaluate the Commonwealth as a location to grow; and the Massachusetts Ambassadors, a network of civic and corporate leaders who help market Massachusetts as a place to do business.
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