Uxbridge property where recreational cannabis dispensary is located sold for $3.45 million

·5 min read

A commercial property where Nature's Medicines recreational cannabis dispensary is located sold recently for $3.45 million.

The 4.36-acre parcel at 1045 Quaker Highway changed hands on March 23, according to listings gathered by The Warren Group. The seller was 1025-1045 Quaker Highway Realty Trust LLC of Medway; the buyer was Globe Street Management LLC of Phoenix.

Globe Street Management is the company that operates Nature's Medicines in Uxbridge. Nature's Medicines has other locations in Fall River, Wareham, and in several other states, according to the company's website.

In 2019, Globe Street sued the Rhode Island contractor that was building the dispensary, saying it failed to complete the project on time and had committed fraud, according to an article in the Daily News' sister publication in Worcester, The Telegram & Gazette.

For 2022, the town of Uxbridge has assessed the property at $2,162,400. It includes a 28,000-square-foot warehouse type building.

In Uxbridge, 1045 Quaker Highway was recently sold for $3.45 million. It's the site of a cannabis dispensary.
In Uxbridge, 1045 Quaker Highway was recently sold for $3.45 million. It's the site of a cannabis dispensary.

The Worcester Business Journal previously reported that Steven Bevilacqua, a local asphalt paving company owner, controls the entity that sold 1045 Quaker Highway as well as a neighboring property. Bevilacqua sold 1025 Quaker Highway to another paving company in February for $2 million.

Big business: Uxbridge embraces pot businesses, plans for marijuana cafes

Abraham Lincoln was elected president the year this was built

In Upton, 2 Maple Ave. was sold on March 23 for $1.1 million, according to the Warren Group.

The seller was P.O. Square Realty Trust; the buyer was Imperial Country Grocer & Gas LLC.

This property at 2 Maple Ave. in Upton was sold for $1.1 million on March 23, 2022.
This property at 2 Maple Ave. in Upton was sold for $1.1 million on March 23, 2022.

According to the Upton Assessors' online database, the 0.42-acre property has a 4,148-square-foot building built in 1860. That's the year Abraham Lincoln was elected president of the United States. The next year, the Civil War would begin.

Established in 1872, The Warren Group is publisher of Banker & Tradesman, The Commercial Record and The Registry Review.

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Nancy Olesin is a staff writer and editor for the MetroWest Daily News and the Milford Daily News. Follow @WickedLocalArts. Got a story idea? Email her at nolesin@wickedlocal.com.

This article originally appeared on The Milford Daily News: Nature's Medicines operator buys its Uxbridge property