Worcester Business Journal

wbjournal.com | February 7, 2022 | Worcester Business Journal 5 It will include 228 units and 18,000 square feet of retail and is expected to be completed by the summer of 2023. Uxbridge manufacturer names new president John Biagioni has been hired as the new president of Lampin Corp., a precision component manufacturer based in Uxbridge. Biagoni's appointment came Jan. 27, shortly aer Robin LeClaire announced her retirement from the post. Biagioni is an expert in the analysis and design of IoT-driven smart systems that improve the efficiency of business processes, according to the firm's press release. Before joining Lampin, Biagioni spent a decade serving as the president of Dynisco, a Franklin firm specializing in sensing and polymer test equipment. Grafton Flea Market sells for $1M e Graon Flea Market sold for $1.1 million to the owners of a small convenience store in Worcester, according to the Worcester South District Registry of Deeds. e 13.5-acre parcel, formerly used as an expansive flea market which opened in 1970, was originally listed for sale at $2.2 million in September. It is located at 296 Upton St. and includes a liquor- licensed restaurant space, a storage building, and parking for 250 cars. e buyers in the sale were two entities, both registered to Tam Nguyen and Dung Kim Do of 88 Providence St. in Worcester. e property at 88 Providence St. is known as e Store, a 7,500-square-foot convenience store property purchased by Nguyen and Do for $100,000 in a 2000 land deal. BJ's to acquire distribution centers from supplier Westborough-based retail chain BJ's Wholesale Club is set to acquire four temperature-controlled food distribution centers and their assets from longtime partner Burris Logistics. Financial terms of the acquisition were not disclosed. e four distribution centers are located in the following Rocky Hill, Conn., Elkton, Md., Independence, Ky., and Orlando, Fla. Milford apartments sell for $87M Rolling Green Apartments, a 304-unit apartment community in Milford, sold for $87 million to a Boston multi- family investment firm, according to an announcement Dallas-based CBRE Group, Inc. which brokered the deal. e 20-acre complex was sold by Philmor Real Estate Investments, a Brighton-based firm which bought the property in 2017 for $47.6 million, according to the Worcester South District Registry of Deeds. It is assessed at $12.5 million by the town. e buyer in the sale, which closed Jan. 19, was e DSF Group, a Boston- based firm which specializes in multi- family properties. SALMON sells nursing home in Northbridge e property with Beaumont Rehabilitation and Skilled Nursing Center and Whitney Place Assisted Living Residences in Northbridge sold for $3.7 million. e three-building property is located at 85 Beaumont Dr. in Northbridge. It has been operated by SALMON Health and Retirement, a Milford-based senior care provider since 1960 when the family-owned business bought the land. e buying entity was registered to the Norwood address of AdviniaCare, a nursing home facility with locations throughout Massachusetts and Florida. T H E T I C K E R 2x Rate at which lifetime adult-use cannabis sales grew in 2021 since the legal market opened in 2018, after $1.33 billion in product was sold last year Source: Massachusetts Cannabis Control Commission 18% Source: The Warren Group Medical debt Heywood Healthcare forgave as part of a partnership with New York nonprofit RIP Medical Debt $800K Source: Heywood Healthcare 19 Source: Stonegate Group Increase in the median sale price of Worcester single- family home prices in 2021, ending the year at $335,750 W BJ has partnered with the Worcester Historical Museum to run a year-long trivia contest in celebration of the 300th anniversary of Worcester's founding on June 14, 1722. Readers should email their answer to the question below by Feb. 3 to bkane@wbjournal.com or visit the trivia page on WBJoural.com to compete for a special year-end prize package. Sponsored by Worcester 300 trivia contest -part 3 PHOTO | WORCESTER HISTORICAL MUSEUM Osgood Bradley Building And the answer to last edition's question: e U.S. president who was an enthusiastic player of horseshoes and counted his set from Worcester's St. Pierre Chain & Wire Rope as his favorite was George H.W. Bush. Manufacturing & student housing e Osgood Bradley Car Co. in 1835 started manufacturing railroad cars on Graon Street in Worcester. When the company moved its operations to Greendale, it erected on the site a new building designed by New York architect Walter Timmis and leased it out for retail and manufacturing. It was used for these purposes until 2016, when it was converted to student housing. n Trivia question: What is the name of the student housing development now occupying the Osgood Bradley Building? Units proposed as part of a residential-and-retail development at the former site of Kells Beer Co. in Natick W

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