Worcester Business Journal

wbjournal.com | September 2, 2019 | Worcester Business Journal 7 The new Marlborough shuttle Member FDIC/Member DIF unibank.com Chris Foley President Justine M. DeNorscia Executive Vice President Michael W. Welch Chief Executive Officer New Leadership with Deep Local Roots We're here you. for Mission to serve the community Vision for the future Experience you can count on R E A L D E A L Real Deal highlights a recent commercial property transaction in Central Massachusetts. Commercial real estate firms wanting to submit information on recent transactions can send it to editorial@wbjournal.com. ADDRESS: 255-257 Great Road, Acton SALE PRICE: $1.5 million SELLER: A.R. Belli Realty, registered to Karen Keaveny of Newton BUYER: Highrock Convenant Church The property formerly housed a dental office in one building, and a restaurant and karate studio in another. Source: Worcester County Registry of Deeds, Massachusetts Secretary of the Commonwealth — Compiled by Zachary Comeau, WBJ staff writer Marlborough launching commuter rail shuttle Marlborough on Sept. 16 will begin a free shuttle to and from the Southbor- ough MBTA commuter rail station to help commuters and others better use the area's train network. e shuttle will bring riders from the Apex Center of New England on Route 20 and the Marlborough Hills area, where a designated area will allow free parking, to the Southborough station. e shuttle will be free, with support from state and city funding. It is slated to run for a one-year trial period, with Marlborough Mayor Arthur Vigeant requesting local funding in July. e shuttle is a response to concerns from residents and companies about the lack of transportation options for com- muters to and from Marlborough. Cultivate purchases land in Uxbridge business park Cultivate, one of the early players in Massachusetts' recreational cannabis industry, has purchased land in an Ux- bridge business park to build a cultiva- tion facility to supplement its existing Leicester operations. Sam Barber, president of Cultivate, told WBJ the company purchased the land for $2 million from the owners of the 176-acre Campanelli Business Park. e company had been considering building a facility of up to 130,000 square feet, but Cultivate will likely split that between Uxbridge and Leicester, the company's home base where a similar facility is planned. First building demolished on Polar Park site e first demolition of buildings at the Polar Park baseball stadium site in Worcester has begun, started on Aug. 22 with the razing of a small warehouse at 50 Washington St. at building, four others and a por- tion of another must be demolished to make room for the $101-million ballpark to eventually be the home of the Worces- ter Red Sox, the Boston Red Sox Triple-A affiliates relocating from Pawtucket. e building in question is proposed to be a small parking lot. Developer buys Kelley Square building for $1.2M Edward Murphy, who has purchased and rehabbed properties around Worcester, has bought a mixed-use building on Millbury Street just off Kelley Square for $1.2 million. e property at 23 Millbury St., which includes European Bakery & Pastry, European Cafe & Deli, and nine upper-floor apartments, sold for well above its assessed value of $697,800, with representatives of seller North- east Private Client Group saying they received multiple offers. e deal closed Aug. 1. Murphy said he normally acquires distressed properties that require more work, but he said 23 Millbury St. doesn't fall into that category. e building is in good condition, but its apartments have been rented at rates 50% to 60% below today's market rates, he said. W

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