Houston real estate development and management company McCord has its sights set on the MetroWest life sciences market with a recently acquired Northborough industrial building.
As was reported last week, McCord has paid nearly $3.4 million for a 64,736-square-foot industrial building in Northborough. According to a release from the company, the building will undergo extensive renovations to allow life science companies to optimize their manufacturing process and recruit and retain the best possible talent. Â
Formerly home to GlaxoSmithKline, 30 Bearfoot Road’s in-place infrastructure includes heavy primary and stand-by power, a sanitary system designed for lab waste, mechanical mezzanines, multiple loading docks, and 18-foot clear height, according to the release. The property may also be expanded on the nine-acre site.
McCord is a Houston- and Boston-based opportunistic real estate company. The company has acquired or developed over $3 billion in projects across the United States.
