Real Estate

Brandt Lane Development, LLC of Holden purchased 17.7 acres of undeveloped land at 1029 Grafton St. in Worcester, across the street from Roosevelt Elementary School, for $4.3 million.

A Springfield developer is proposing a new 2,398-square-foot Starbucks store at 105-117 Stafford St. in Worcester with a drive through, which could be the seventh location in the city for the Seattle-based coffee chain.

Shortly after he was approved to buy three Framingham auto dealerships through a collection of corporations, a Florida-based mogul has purchased the properties they sit upon, as well as an adjacent office building.

Exchange Authority, Worcester-based subsidiary of Fidelity Bank of Leominster announced Albino Caporale would be the company’s new president & CEO.

Applebury Behavior Associates purchased the former Learning Express Toys and Gifts headquarters in Devens and plans to open a new clinic at the location.

Clinton Savings Bank opened a new branch at Edgemere Crossing in Shrewsbury on March 20, joining supermarket Market Basket, which opened its new store at the plaza in January.

The Worcester City Council approved an $11.3-million property tax break over 15 years for a residential development proposed by Worcester developer GoVenture Capital Group.

MassDevelopment issued a $22-million tax-exempt bond to help the Framingham Housing Authority to renovate Carlson Crossing West, a 68-unit affordable housing complex.

Michael Byrnes, CEO of Auburn-based real estate firm Byrnes Real Estate Group, said he sees a trend of high demand for rental properties in Webster following his $3.5-million acquisition of a 10-property portfolio in the town.

The Garbose Building at 2-10 Parker St. in downtown Gardner has been acquired for redevelopment by Candor Realty of Lowell, the latest in a series of investments in Gardner’s downtown.