Worcester Business Journal
November 2024
The Orchard Hills Athletic Club in Lancaster and its associated real estate has been sold in a deal valuing the land and facilities at $8 million, as the new owner plans to continue the operations of the club first opened in the 1980s.
The 18-acre site located at 100 Duval Road was sold in a deal finalized on Tuesday, according to Worcester District Registry of Deeds records, with the property being sold by ACMC Limited Partnership of Lancaster.
The site and business were purchased by S&R Realty Holdings, a Lancaster-based entity operated by Rajiv Motwane, according to Massachusetts Secretary of the Commonwealth records.
Motwane is now serving as the president of the club, having previously served as a tech executive for Sift, a Boston-based AI-powered fraud detection company, and Tufin, a Boston-based cybersecurity firm, according to his LinkedIn profile.
On top of the $8 million to acquire the property, Motwane paid an additional undisclosed amount to acquire the business, according to a Thursday press release from Worcester real estate firm Kelleher & Sadowsky.
Orchard Hills’ facilities include indoor and outdoor pools, a multi-use sports court, tennis and racquetball courts, and a yoga studio, among other amenities. The club first opened in the 1980s, according to its Better Business Bureau profile.
The property the club sits on was given a tax assessment value of $3.57 million for 2024, according to Town of Lancaster property records.
Mark Johns and Thomas Bodden of Kelleher & Sadowsky completed the transaction on behalf of the seller.
Eric Casey is a staff writer at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.