Building housing MassGrow Athol cannabis facility sold for $27M

  • ATHOL Athol Town Manager Shaun Suhoski confirmed in an interview Monday that the former Union Twist Drill campus, now the home of MassGrow Athol, has been sold to a San Diego investment trust for a reported $26.8 million.
  • Innovative Industrial Properties is a publicly traded company which, according to published reports, provides real estate capital to medical-use marijuana businesses.
  • Essentially, said Suhoski, it’s a sale of the real property to a real estate investment trust.

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