Chacharone Properties

About Chacharone Properties

Chacharone Properties is a real estate operator headquartered in Worcester, MA. Chacharone Properties operates in Worcester, Massachusetts. Its investment focus is on Covered Land & Land Banking, Industrial and Logistics.

Chacharone Properties is a privately held commercial real estate investment, development, and asset management firm based in Worcester, Massachusetts. Founded in 1982, the enterprise has completed 44 years of continuous operation, positioning itself as a dominant force in the economic and structural landscape of Central Massachusetts. The firm operates via a vertically integrated business model that encompasses early land acquisition, master planning, ground-up vertical construction, tenant leasing, and long-term property management, maintaining full operational control across its regional asset pipeline. The enterprise concentrates its allocation strategy on high-value, functional commercial real estate asset classes throughout the Worcester metropolitan area and its surrounding municipalities. Its diversified portfolio spans modern industrial manufacturing centers, logistical warehouses, medical office buildings, corporate workspaces, and specialized lab or flex infrastructure designed to meet the demands of innovation-driven tenants. Over its history, the group has successfully delivered nearly 2 million square feet of commercial space, driving local employment and tax revenue through targeted real estate developments. The developer's historical production track record is highlighted by premier office facilities and complex industrial redevelopments. Its corporate office pipeline features several prominent 50,000-square-foot Class A developments, including Chadwick Court, completed in 2002, and Lakeview Court, delivered in 2007, both serving as critical infrastructure for Worcester's corporate and medical communities. In the industrial sector, the firm directed the construction of a state-of-the-art, 50,000-square-foot manufacturing facility in 2017 for the iconic Table Talk Pies company. The company's active leasing and management inventory is further anchored by robust multi-tenant commercial assets, including 165–181 Cedar Hill Street encompassing 47,000 square feet, One West Boylston Street totaling 43,200 square feet, 115 Northeast Cutoff spanning 63,000 square feet, and a massive multi-building commercial industrial campus at 100–250 Barber Avenue, which offers up to 140,000 square feet of flexible operational space.