Worcester Business Journal

www.wbjournal.com September 14, 2015 • Worcester Business Journal 5 Our experienced commercial relationship managers have the financial tools and resources to help companies throughout New England prosper and grow. Our team can provide all the best options: » Working Capital Facilities » Commercial Real Estate Loans » Cash Management Services » Commercial Banking Services » Insurance Products » Wealth Management Services If you want to spend less time worrying about business finances and more time running your business call: Jim Curran 508-329-7847 Commercial & Retail Regional Office 303 Turnpike Road, Westborough berkshirebank.com Banking · Insurance Wealth Management Life is exciting. Let us help. SM Our Commercial Lending Team Makes It Simple Our Newest Westborough Retail Location Makes It Convenient Banking products are provided by Berkshire Bank: Member FDIC. Equal Housing Lender. Berkshire Bank is a Massachusetts chartered bank. Insurance products are provided by Berkshire Insurance Group, Inc., a Berkshire Bank affiliate, and in New York by Berkshire Insurance Agency, a registered trade name for Berkshire Insurance Group, Inc., a Berkshire Bank affiliate: Insurance and investment products are not FDIC-insured, are not a bank deposit, "NOT guaranteed BY THE BANK," "NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY" and may lose value. PLAN WISELY. INVEST CONSERVATIVELY. LIVE WELL. 370 MAIN STREET, SUITE 1000, WORCESTER, MA 01608 | 508.753.8807 Securities and advisory services offered through Commonwealth Financial Network ® , Member FINRA/SIPC, a Registered Investment Adviser. Worcester-area residents have been entrusting Bartholomew & Company to guide their financial lives since 1994. As one of the region's premier wealth management firms, our approach pairs a conservative investment philosophy with time-honored investment strategies to address every element of your financial picture. For a personalized plan to help you enrich your lifestyle and legacy, partner with the experts who are right in your own community. Call us for a complimentary consultation at 508.753.8807, or visit www.bartandco.com. WEALTH MANAGEMENT TO REALIZE YOUR VISION GARDNER — Students enrolled in the liberal arts and science program at Mount Wachusett Community College (MWCC) will be able to pur- sue bachelor's degrees in the same dis- cipline at Clark University under a transfer agreement between the two schools, the community college announced. Eligible students will also be considered for the Phi Theta Kappa Scholarship, the Transfer Achievement Scholarship, the Clark University Scholarship, and the Jonas Clark Transfer Scholarship. WORCESTER — Glickman, Kovago & Jacobs of Worcester has joined NAI Global, a network of owner-operated commercial real estate brokerage firms. Jay Olshonsky, president of NAI Global, said in a statement that NAI selected the commercial real estate firm to represent it in Worcester "because of the team's deep local market knowledge, track record and ability to drive business., Glickman Kovago's Peter Kovago said in the statement. "Worcester has experi- enced some tremendous changes during the past decade or so, and we believe businesses outside of our market are taking notice." SHREWSBURY — A mixed-use build- ing at 307 Grafton St. in Shrewsbury has been purchased by CS Holdings LLC for $2.4 million. The building houses office and retail space, according to a statement from Kelleher & Sadowsky Associates of Worcester, which repre- sented the seller, Kalamat LLC. The 10,300-square-foot building was con- structed 10 years ago. It was fully leased at the time of the sale, the statement said. Tenants include Café Noir, Salon Sogno, Piel Skin Boutique and Modern Dentistry of Shrewsbury. WORCESTER — The Central Massachusetts Regional Planning Commission (CMRPC) promoted Janet A. Pierce to executive director, the organization announced. She is its fourth director since its founding 52 years ago. Pierce joined CMRPC as business manager in 2008, and in 2012, spearheaded CMRPC's Regional Services Division, formed in response to the increasing fiscal challenges faced by towns and cities. Based at Union Station, CMRPC is the regional plan- ning entity for Central Massachusetts, serving Worcester and 39 other area communities. WORCESTER — Two groups of scien- tists at the University of Massachusetts Medical School have each received $1 million in grant money raised during last summer's viral Ice Bucket Challenge campaign. The funds will support ALS research projects that the school's chancellor called "pivotal work." Michael Collins said the money from the ALS Association comes at a time when the federal government has stepped back its own research funding, requiring REGIONAL BRIEFS >> Continued from previous page REAL DEALS 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. Sources: KGI Properties ADDRESS: Wayland Town Center (400-440 Boston Post Rd., Wayland) AREA: 182,000 sq. ft. SALE PRICE: $68 million SELLER: J.P. Morgan Asset Management and KGI Properties BUYER: Zurich Asset Management faculty members to devote more time to writing grant proposals. In one of the efforts, researchers will compare the DNA of 15,000 patients with that of 7,500 people who do not have the dis- ease, which causes nerve cells to die and leads to paralysis. In the other, scientists are working with mice to block genes that trigger the death of the animals' nerve cells. LANCASTER — Michael W. Ames, of Harvard, has been named the seventh executive director and CEO of Perkins, the human services agency that includes the Doctor Franklin Perkins School. His previous human services work includes direct service, supervisory and adminis- trative positions at Crittenton Women's Union, the Massachusetts Society for the Prevention of Cruelty to Children, and the Key Program, according to a statement from Perkins' board of trust- ees. Perkins serves children and adoles- cents with emotional and behavioral challenges at the school; and serves developing infants, toddlers, and pre- schoolers in the Perkins Child Development Center. Massachusetts has hit the first of five triggers required to force a slight income tax rate reduction on Jan. 1, according to the state revenue commis- >> Continued on next page — Compiled by Sam Bonacci, Worcester Business Journal Staff Writer This Class A mixed-use retail center, anchored by Stop & Shop supermarket, is located near routes 20 and 27. The property also includes 17,000 square feet of medical office space that's occupied by Beth Israel Deaconess Health Care, a primary-care office, Joint Ventures physical therapy and a dental practice. There are also 12 second-floor apartments, totaling 14,250 square feet, which are fully occupied.

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