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December 31, 2014

Marlborough business park sold for $34M

Image Credit/FreeDitigalImages.net

The Solomon Pond Park in Marlborough has been sold for $34 million to Burlington-based Nordblom Co., according to the Massachusetts Registry of Deeds.

The sale was recorded Dec. 18. The park, located adjacent to the Solomon Pond shopping mall, was sold by BGI Holdings III LLC.

The 163-acre site includes seven properties built in the 1980s ranging from 150 to 500 Donald J. Lynch Blvd. The site has nearly 500,000 square feet of office, flex, lab and research and development space, along with a fitness center and cafeteria. Current tenants include the Better Business Bureau, Senko Advanced Components and Blue Cod Technologies, according to Colliers International.

Nordblom had previously managed the business park. A company spokesperson could not be reached for comment on the purchase. The company currently owns commercial and multi-family properties in the New England and North Carolina markets, according to the company’s website.

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