Chacharone Properties buys vacant Worcester building for $850K
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A vacant mill building near the South Worcester Industrial Park is now in the hands of a major Worcester property owner, Chacharone Properties.
Chacharone Properties, a Worcester developer, has bought a vacant mill building in south Worcester for $850,000.
The 105,000-square-foot building was last occupied by manufacturer Astro Wire Products. The site covers 3.5 acres, including 30 Hollis St., 38 Gardner St., 40 Gardner St., and 50 Gardner St., and also goes by 100 Tainter St.
Chacharone Properties doesn't yet have plans finalized for the site.
The site sits amid a section of south Worcester between two residential mill buildings, The Lofts and Loomworks and Royal Worcester Apartments, and the South Worcester Industrial Park, which has seen the construction of new manufacturing buildings for Table Talk Pies, including a cold-storage facility developed by Chacharone opened in September.
Chacharone closed on the former Astro site Oct. 10 in a transaction announced by A. Murray Real Estate of Worcester, which represented the developer. The site was previously owned by GTH Trust and trustee Ralph Dworman, according to the Worcester Registry of Deeds.
Chacharone is a major landlord of commercial and industrial space in Worcester, including the former building for biomanufacturing firm Allegro Microsystems at 115 Northeast Cutoff, which it bought for $3.9 million this spring.
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Allegro wasn't a biomanufacturing company it was an electronics chip maker. And I don't believe the ASTRO you're talking about was astro wire, but instead a now defunct plastics manufacturer, which was bought a few years back by Jefferson Rubber here in town.
https://news.thomasnet.com/companystory/jefferson-rubber-division-acqui…
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