Worcester Business Journal

January 8, 2018

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6 Worcester Business Journal | January 8, 2018 | wbjournal.com B R I E F S T H E T I C K E R $2.4M Amount medical device firm Medtronic, with offices in Littleton, must pay to settle allegations of deceptive marketing. Square footage of a potential building at a downtown Worcester vacant lot being marketed by developer CitySquare II 200,000 Sale price of an office building at 239 South St. in Hopkinton housing tenants including Gorman Richardson Lewis Architects and Federal Concrete $2.2M Massachusetts unemployment rate in November 3.6 percent Source: Mass. Attorney General's Office Source: Real estate firm Jones Lang LaSalle Source: Greater Boston Commercial Properties Inc. Source: Mass. Executive Office of Labor and Workforce Development Continued from previous page Worcester's LakePharma plans Mass. expansion LakePharma, a biologics company with a laboratory in Worcester, has raised $30 million to open sites in Massachusetts and its home state of California. LakePharma was once seen as the potential anchor for a new biomanufac- turing campus near the UMass Medical School but instead is looking elsewhere. The company, which has a space in Worcester's Gateway Park, didn't say where it plans to expand. Allegro Microsystems expands NH facility Worcester-based Allegro Microsystems has begun a 15,000-square-foot expan- sion of its Manchester, N.H. facility. Allegro Microsystems, a manufacturer of high-performance power and sensor semiconductors, expects the project to be completed next summer. Upwards of 400 workers will be employed at the site, which will serve as the company's center of strategic business development. Government can sell Worcester restaurants connected to drug scheme A federal judge has allowed the govern- ment to take control of and sell properties - including the Chameleon and Blackstone Tap buildings in Worcester - owned by Kevin Perry, Jr. a former restaurateur and businessman set to serve at least 14 years in prison for drug and money laundering. The ruling allows the government to sell 12 properties, including the Chameleon building at 166 Shrewsbury St. and the Blackstone Tap at 81 Water St. The Chameleon closed abruptly in November. The space, formerly The Usual, was reopened under that name after Perry was indicted in March. Other properties to be seized and sold are the Worcester residential properties 50 Gibbs St., Unit 6, 25 Andover St., Unit S-1, 193 Hamilton St., 119 Heywood St., 56 Copperfield Road, and five Millbury properties. Perry, was arrested in March and charged with nine counts of money laun- dering, three counts of aggravated cash structuring, one count of making a false statement on a loan application and one count of distribution of fentanyl.

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