EMC has further shrunk its footprint in Central Massachusetts, this time selling a 166,213-square-foot office building for $6.9 million to Framingham-based Atlantic Management.
The property, located at 21 Coslin Drive in Southborough, was sold in a deal finalized on Jan. 30, according to Worcester District Registry of Deeds records. A small portion of the building and parcel extend into neighboring Westborough.
EMC’s sale of the building comes after it sold a nearby 145,000-square-foot office building at 32 Coslin Drive to Atlantic in December for $26.1 million. Since being acquired for $67 billion by Texas-based Dell in 2016, EMC presence in Central Massachusetts has diminished, with the firm selling a Milford training facility for $1.7 million in 2022.
Prior to the merger with Dell, EMC originally planned on moving into a 193,228-square-foot, four-story building at 900 West Park Drive in Westborough after its construction in 2000, but later reversed the decision. With later plans for Westborough-based software firm eClinicalWorks to occupy the space were impacted by the emerging trend of remote work, the building has sat unused for a quarter-century, a representation for a decline in demand for office space in the suburbs of Central Massachusetts.
EMC first purchased the 17.8-acre property at 21 Coslin Drive and the 7.3-acre parcel in Westborough for $2.9 million in 2000. The two-parcel complex was given a 2025 tax assessment value of $17.13 million, according to Town of Southborough and Town of Westborough property records.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
