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A 36.1-acre parcel of farmland previously home to Red’s Farm Stand in Westborough has sold for $6.1 million, according to the Worcester County Registry of Deeds.
The property at 64 Otis St. was sold by Joel S. Berberian, the executor of the estate of Michael M. Berberian, to Atlantic Otis Realty LLC, which is registered to David Capobianco of Framingham, longtime owner of Atlantic Management.
Atlantic Management is a developer with a portfolio including the Marlborough Hills office and lab development, which is home to Cytiva Life Sciences, among others.
The sale officially closed on April 9. The Town of Westborough last assessed the property at $5,481.
Red’s Farm Stand was originally owned and operated by Michael "Red" Berberian, who died in 2009 at the age of 93.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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