Bose buys $15M space near Framingham HQ
Bose Corp. of Framingham has purchased property zoned for nearly 100,000 square feet of office, laboratory and research space adjacent to its headquarters.
“Bose purchased the properties to have the flexibility to expand near our corporate headquarters in the Framingham Technology Park as space needs increase,” Bose spokeswoman Joanne Berthiaume said in an email response to an inquiry about the purchase.
The purchase of the property, listed as 125, 135 and 137 Pennsylvania Ave. by Bose, was recorded Aug. 16, according to Massachusetts Land Record documents. The seller, The Congress Group, created the office space from three separate properties it bought in 2008.
According to a document from the group, the assembled site covers 400,000 square feet with two six-story buildings. The site includes a parking garage with 1,245 spaces.
Documents from a decision by the Framingham Planning Board show Bose was granted approval to rehabilitate the existing 84,200 square feet of office and warehouse space into 98,200 square feet of office, research and development and laboratory space. Costs for the work were estimated at $7.4 million, according to Planning Board documents.
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