Canal District Transformation, part 2: Creating the next chapter wbjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbjournal.com Daily Mail and Mail on Sunday newspapers.
The first few months of 2023 has seen new restaurants and bars open after several closings came in Worcester’s Canal District in the second half of 2022.
Five multi-families in downtown Webster were sold by Worcester-based 7 Hills Property Management for $2.4 million, according to the Worcester South District Registry of Deeds.
An apartment complex on Route 9 in Spencer on the western edge of the town center has sold for $3.65 million to a major Worcester landlord.
Baystate Investment Fund, run by Edward Murphy, bought the seven-building complex with more than 30 units from a limited liability corporation registered to Neil and Susan Rivers of Spencer. The deal closed Dec. 31.
The complex, called Crestview Gardens, adds to Murphy s growing portfolio, which in the past year and a half has included $2.2 million for a portfolio of multifamily properties in Northbridge, Southbridge and Webster, nearly $1.6 million for a building that includes Uxbridge House of Pizza and other businesses, and $1.2 million for a mixed-use building on Millbury Street just off Kelley Square. Murphy also runs 7 Hills Property Management and weRENTcentralmass and owns a number of Worcester properties.