The former Evolve Pilates fitness studio on Upper Main Street in Edgartown and a small house next door have been purchased by trusts managed by Vineyard Vines CEO Shepard Murray.

Edgartown lawyer Fain Hackney, who represents the two trusts, Skiffs MV House and Rovers MV House, told the Gazette the purchases were unconnected to Vineyard Vines, and there are no fixed plans for the property.

“He thought it was a good location. There are some ideas floating out there, but nothing concrete, and nothing to do with Vineyard Vines,” he said.

The total purchase price for the combined properties was $3.25 million, evenly divided between the two. Closing documents were filed with the Dukes County Registry of Deeds on Sept. 17.

Both properties had been owned by Alex Alexander, whose wife, Laura, ran Evolve Pilates for eight years before closing the business last December and putting it on the market, citing the impact of the pandemic.

The two adjoining properties cover about two-thirds of an acre and are zoned for mixed residential and commercial use. The combined assessment of the two parcels is about $1.8 million.

Mr. Murray and his brother, Ian, co-founded clothing retailer Vineyard Vines on the Vineyard in 1998. He divides his time between Edgartown and Connecticut.