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wbjournal.com | January 8, 2018 | Worcester Business Journal 7 R E A L D E A L Real Deal highlights recent commercial property transactions in Central Massachusetts. Commercial real estate firms that want to submit information on transactions can send it to editorial@wbjournal.com. Sources: Massachusetts land records — Compiled by Zachary Comeau, WBJ staff writer ADDRESS: 11 Sever St. SALE PRICE: $9.7 million SELLER: TCB Sever Street BUYER: Sever St. Development LLC The property, named the Fruit Sever Apartments, is a 10-story multi- family housing building just south of Becker College. It was built in 1965. DEVELOPMENT OPPORTUNITY 526-538 Main Street, Worcester, MA l 27,000 SF, 2-story structure with a land area of 17,700 SF l Built 1893-1894 l Highly visible location in the heart of Worcester's Theatre District l Across from Hanover Theatre and Conservatory l Easy access to I-290 Mike Mitchell mmitchell@massdevelopment.com 978.784.2928 Request for Proposals and Qualifications (RFPQ) available at MassDevelopment.com/526main Responses are due no later than January 30, 2018. See other development opportunities at massdevelopment.com/for-sale Mass. is the 6th most moved-out-of state The 2017 National Movers Study by United Van Lines shows more people moved out of Massachusetts than into the state last year, with 56 percent of people relocating opting to leave the commonwealth compared to 44 percent moving in. The Bay State ranked sixth worst in the nation behind only Kansas, Connecticut, New York, New Jersey and Illinois. Ohio, Kentucky, Utah and Wisconsin rounded out the top 10. Most of the Northeast sees more resi- dents leaving than moving in, with nearly 57 percent of all 2017 moves being outbound, the study found. Vermont, however, is bucking that trend, ranking as the top moving desti- nation. The rest of most popular desti- nations for relocation are largely in the West and South, with (in order) Oregon, Idaho, Nevada, South Dakota, Washington, the Carolinas, Colorado and Alabama as the top destinations after Vermont. Framingham's Magnuson Hotel slated for addition Lexington developer Soniya Hotel, LLC has applied to majorly renovate the Magnuson Hotel property in Framingham behind the British Beer Co. along Route 9. According to a site plan application on file with the city planning board, Soniya is proposing to redevelop the hotel by demolishing a two-story build- ing, the lobby area and drop-off canopy and building a new six-story 26,800-square-foot addition to connect- ed to an existing 62,000-square-foot six- story structure. The addition will include a new ground-level lobby area and new rooms on the upper floors, according to the application. When complete, the hotel will be 95,000-square feet. No project costs were included in the documents. In addition to the hotel renovations, a new 6,000-square-foot free-standing retail building is proposed. W