June 27, 2022
Global investment firm acquires Westborough manufacturing facility for $8.8 million
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20 Walkup Drive, Westborough
By Timothy Doyle
TPG, a global investment firm based in Fort Worth, Texas, has purchased a 91,045-square-foot manufacturing and office facility in Westborough for $8.8 million.
The seller of the 20 Walkup Drive property was Alexandria Real Estate Equities of Pasadena, Calif., who purchased the property in 2006 for $9.4 million, according to the Worcester Registry of Deeds.
The property is assessed by the Town of Westborough at $9.3 million.
Global manufacturing company Pall Corp. leases the property for its life sciences division.
TPG was founded in 1992 by Jim Coulter and David Bonderman and is led by CEO Jon Winkelried. The company has $120 billion in assets under management, according to its website.
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