DFWC Realty has secured two loans through MassDevelopment to acquire and renovate the former American Red Cross building in Devens.

The building at 176 Jackson Road will now function as a health and wellness institute called Dragonfly Wellness Center.

The first loan, worth $135,000, was used to finance the purchase of the property, while the second, for $195,000, funded renovations to the interior and exterior of the building.

“As a registered nurse, I appreciate the historic significance of the Red Cross Building, which perfectly aligns with Dragonfly Wellness Center’s mission: to optimize the health and wellbeing of all members of the community,” DFWC Realty’s Principal Anne Ferguson said in a statement. “I am grateful to MassDevelopment for giving me the opportunity to rehabilitate this special building which will house the wellness center at Devens.”

Devens Red Cross Building Converted To Health And Wellness Center

by Banker & Tradesman time to read: 1 min
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