Kraft Group Pays $1 Million For $400,000 Walpole Property Near Gillette Stadium
FOXBORO (CBS) – A recent purchase by the Kraft Group in Foxboro is raising some eyebrows in the neighboring town of Walpole.
The sale was completed just before residents of Foxboro voted in a town election that showed they were not in favor a proposed destination casino on land across from Gillette Stadium.
The property sits on a private way in Walpole and abuts the parking lot where that casino would have been placed. That private way connects to a public road in Walpole.
The property is assessed at just over $400,000, but the Kraft Group paid nearly $1.2 million for it.
The Kraft Group had no comment when asked about the sale Wednesday.
Officials in Walpole told WBZ-TV they plan to look into the sale and try to determine what the Kraft Group has planned for the property.