This weeks news, features, events and economic trends in MetroWest and along the heart of the I-495 corridor

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Framingham office supply chain Staples has created a new chief security officer position in a new digital solutions division of the company.

FedEx distribution facility sold for $33M

A high-bay distribution facility completely leased to FedEx SmartPost was sold for $33 million in Northborough, according to the seller's representative and public records.

Biostage running short on cash with IND looming

Biostage, which develops bioengineered organ implants, reported it lost $3.8 million in the first quarter, leaving it with only enough cash through the end of the year.

'Boroughs industrial vacancy rate hits all-time low

The vacancy rate for industrial space in the 'boroughs area of MetroWest -- Northborough, Southborough, Westborough, Marlborough -- hit an all-time low of 10.5 percent in the first quarter.

Ameresco joins $55B federal contract

Framingham-based Ameresco Inc. will develop new energy and water savings projects for federal facilities under a new U.S. Department of Energy contract.

Following diversification, Columbia Tech expects to grow 10%

Westborough manufacturer Columbia Tech, a subsidiary of Westborough-based Coghlin Cos., Inc., diversified its client base last year, and expects to add about 40 employees this year.