Crossroads pays $1.5 million for adjacent land and buildings
Published 1:21 pm Thursday, September 15, 2016
Crossroads Community Services Board has agreed to purchase about 3 acres of land and an 11,000-square-foot office building for $1.5 million.
The news of the purchase comes more than two weeks after the board publically voted unanimously following an Aug. 23 closed session to accept a recommendation from its finance committee regarding a real estate matter — action board leadership declined to comment on until Thursday.
According to a commercial purchase agreement dated Aug. 25, Crossroads is purchasing the property, located at 161 Bush River Drive, adjacent to Crossroads’ offices along Route 460, from Tdr Enterprises LLC.
The agreement was signed Aug. 31.
“We’re overcrowded in the buildings right now that we’re at and so we’re going to expand,” said board Chairman