Issue link: https://nebusinessmedia.uberflip.com/i/466645
www.wbjournal.com January 5, 2015 • Worcester Business Journal 5 Development. The park houses 31 ten- ants, including AT&T, Carquest Auto Parts and Fastenal Co. FITCHBURG — A state panel has upheld a series of tax incentives for the Great Wolf Lodge water park and hotel after a carpenters' union alleged the company failed to use local contractors to build the facility and that subcontrac- tors did not comply with some labor laws. The Economic Assistance Coordinating Council, part of the state Executive Office of Housing and Economic Development, recommended that the estimated $17 million in incen- tives remain in place. Last year, Great Wolf and the Fitchburg City Council reached agreement on a 20-year tax increment financing (TIF) deal. In the accord with the city, Great Wolf agreed to create 200 new full-time jobs and invest $65 million in the facility. FRAMINGHAM — Federal prosecu- tors have charged two former pharma- cists with second-degree murder for allegedly allowing dirty conditions at a Framingham pharmacy that produced contaminated steroids that killed doz- ens of people around the country. Barry Cadden, a Wrentham man who was president of the New England Compounding Center, and Glenn Chin of Canton, supervisory pharma- cist, are both accused of murder as part of racketeering charges. Twelve other people have been charged for their alleged roles in the 2012 fungal menin- gitis outbreak. Workers allegedly used fake names for prescriptions to dis- guise the pharmacy's role in producing pharmaceuticals wholesale and outside of federal regulation. (State House News Service) WORCESTER — Generex Biotechnology Corp., a developer of drug delivery technology, said it has entered into an agreement with Canadian medical marijuana develop- ment firm CannScience Innovations Inc. to license its drug delivery system for medical marijuana products. According to a statement, CannScience is developing a product pipeline of pro- prietary drug, device and delivery tech- nologies. On Nov. 18, CannScience entered into a non-binding letter of intent to lease Generex's proprietary RapidMist drug delivery technologies to be used in oral delivery of its medi- cal marijuana products. MARLBOROUGH — Biotechnology firm RXi Pharmaceuticals said three- month observations have confirmed the effectiveness of its first product candi- date, RXI-109, in the treatment of post- surgical scars. The results show that when RXI-109 is delivered two weeks after scar-revision surgery, evaluators are better able to identify the treated area of the scar. This supports RXi's decision to deliver treatment two weeks after surgery, rather than the acute REGIONAL BRIEFS >> Continued from previous page REAL DEALS 150, 200, 290, Marlborough BGI Holdings Pondview JV 498,476 $34M Dec. 18 400, 450, 500, III LLC Owner LLC Donald J. Lynch Blvd. 110, 112, 114 Westborough Turnpike Executive Albany Road- 71,698 $20.8M Dec. 15 Turnpike Rd. Park LLC Westboro Executive Park LLC 19, 41, 53 Marlborough Foothills Mountaintop 169,230 $14.5M Dec. 11 Brigham St. Corp. Corp. 225-229 Westborough Northside Realty Mobile Street 29,000 $5.75M Dec. 11 Turnpike Rd. Trust Trust 251 Turnpike Southborough Farboro Coast 2 Coast Real 15,252 $2.5M Dec. 18 Rd. Realty Trust Estate Holdings LLC 416 Main St. Athol Sterling House Pequoig 49,740 $2.35M Dec. 11 Associates House LLC Real Deals 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, or fax it to 508-755-8860. SALE ADDRESS CITY/TOWN SELLER BUYER SQ. FEET PRICE DATE SALES Sources: Massachusetts Registry of Deeds, municipal documents and assessors — Compiled by Sam Bonacci, Worcester Business Journal Staff Writer >> Continued on next page Auburn IndustrIAl development CorporAtIon www.aidc.com FIRST FLOOR OF MODERN, TWO-STORY BUILDING Conveniently Located Near Rte. 146, I-290, I-190, I-395, I-495 and the Mass. Turnpike BRIGhT, AIRY SpACE /hIGh-SpEED DATA INFRASTRUCTURE / RENOvATED LOBBY / AMpLE pARkING / pRIvATE OFFICES AND CONFERENCE ROOM / NEAR ShOppING AND RESTAURANTS / A must see! SChEDULE A SITE vISIT TODAY. 978.365.4585 or management@aidc.com 4 8 S W O R D S T R E E T , A U B U R N , M A 5,000 – 10,000 SQ. FT. pRIME OFFICE SpACE AvAILABLE NOW!