Search
 

Middlesex Savings Bank Sells Worcester Site

WORCESTER, MA-Middlesex Savings Bank has sold the remaining development rights for 86 acres of parcel on Salisbury Street in Worcester.

By GlobeSt News Hub | Updated on March 29, 2012

WORCESTER, MA-Middlesex Savings Bank has sold the remaining development rights for 86 acres of parcel on Salisbury Street in Worcester. The bank has sold the site to Southborough, Massachusetts-based Capital Group Properties for $2.25 million.

The Salisbury Hill site was originally approved for a 280-unit, age-qualified community and 80 townhome units are already built and sold. An additional 200 units, containing 100 flats and 100 townhomes, are approved as part of the master plan. Colliers International handled the sale. For the full story, go to Boston Business Journal .

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.