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December 6, 2024

Dell offloads EMC’s large office building in Southborough for $26.1M

Satellite image of an office building Image | Courtesy of Google Maps 32 Carlin Drive in Southborough

Nine years after Hopkinton-based EMC merged with Texas-based Dell to form Dell Technologies, the combined firm has sold its 145,000-square-foot office building in Southborough for $26.1 million, further diminishing the company’s footprint in Central Massachusetts.

The building, located on a 19.75-acre plot of land at 32 Coslin Drive, was sold to an entity managed by Framingham-based Atlantic Management Corp., according to Worcester District Registry of Deeds and Secretary of the Commonwealth records.

Atlantic Management has previously been a part of Central Massachusetts projects seeking to redevelop former corporate campuses into mixed-use developments, leading efforts to redevelop the former Hewlett-Packard campus in Marlborough in the early 2010s

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Dell has reduced its presence in Massachusetts since its 2016 merger with EMC, offloading a Milford training facility for $1.7 million in 2022. Some of the firm’s former office space in Hopkinton has since been turned into lab space for Spring Bank Pharmaceuticals.

Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries. 

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1 Comments

Robert Anderson
December 6, 2024

The exodus from Taxachusetts continues....

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