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.”




