Issue link: https://nebusinessmedia.uberflip.com/i/466660
www.wbjournal.com February 2, 2015 • Worcester Business Journal 5 WORCESTER — Medical device man- ufacturer Cogmedix, a subsidiary of Worcester-based Coghlin Cos., announced the opening of a new head- quarters on Briden Street in Worcester. The company provides manufacturing and engineering services to medical and dental equipment companies, The 17 Briden St. location is the former site of Columbia Tech, Coghlin's contract manufacturing company, which relo- cated to Westborough in 2013. FRAMINGHAM — Framingham- based Staples Inc. has issued a state- ment welcoming "constructive" dia- logue with shareholders after activist investor Starboard Value urged a merg- er with office supplies competitor Office Depot. The Staples board "care- fully considers all actions that would create shareholder value and is com- mitted taking actions that are in the best interest of all of the company's shareholders," the statement read. Starboard Value sent the letter to Staples CEO Ronald Sargent, demand- ing that he begin working a deal with Office Depot, its smaller competitor. FRAMINGHAM — Vision care ser- vices are now available at the Edward M. Kennedy Community Health Center (Kennedy CHC) on Union Street in downtown Framingham, the health center announced. In partner- ship with the Massachusetts College of Pharmacy and Health Sciences (MCPHS) in Worcester, Kennedy CHC has opened an optometry practice at the site. Students and teachers associ- ated with MCPHS's doctoral program in optometry will now be available in Framingham to see Kennedy CHC patients. WORCESTER — A study by students at Worcester Polytechnic Institute has called for a re-creation of a portion of Worcester's Blackstone Canal, citing increased development opportunities as well as improved quality of life for area residents. The study examined options for transforming a portion of Harding Street into the canal that helped the area grow economically in the 1800s. Proponents have argued that a canal could serve as an attraction for both tourism and redevelopment in the city. While the canal still remains below the street surface, interviews with city officials and a review of previous stud- ies caused the students to determine that a re-creation of the canal would be the more feasible option. Annual net income increased 14 per- cent for New Hampshire-based power company Unitil Corp., driven by high- er natural gas and electric sales, accord- ing to an earnings statement. Unitil, the utility company for residents and businesses in Fitchburg, Ashby, Lunenburg and Townsend, reported net income of $24.7 million for 2014, REGIONAL BRIEFS >> Continued from previous page REAL DEALS 1 Homestead Westborough TR Flanders DSF IV 59.22 acres $63.5M Jan. 15 Blvd. Hill LLC Westborough (14 buildings) Owner LLC 311 Main St. Shrewsbury IREIR III 311 Main Street 47,155 $6.46M Jan. 14 Shrewsbury LLC Shrewsbury LLC 1160 Main St. Leominster IREIR III 1160 Main Street 18,968 $5.9M Jan. 14 Shrewsbury LLC Shrewsbury LLC 1-99 Cody St. Webster AJAAR KEECODY LLC 11,924 $925,000 Jan. 16 Realty Inc. 400 South St. Athol 9M Realty Whipps Family 15,864 $875,000 Jan. 23 Trust Ventures LLC 15 Main St. Hopkinton Main Street 15 Main Street 1,270 $480,000 Jan. 23 Ventures LLC Nominee Trust 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 Knowledge + Experience + Trusted Advice. It all adds up. Large enough to serve the needs of most businesses and individuals; small enough to offer the personal attention you expect and deserve. Greenberg, Rosenblatt, Kull & Bitsoli, PC Certified Public Accountants 306 Main Street, Suite 400 • Worcester, MA 01608 508.791.0901 • www.grkb.com Commercial Lending Wealth Management Mortgages Our dedication to providing customers with superior financial products and the support they need to prosper at work and at home has enabled us to build one of the most trusted banks in the region.