Please do not leave this page until complete. This can take a few moments.
The 57-acre, seven-building Marlborough Technology Park has been sold to a property management company for $46 million.
The property, previously owned by Concord-based Normandy Real Estate Partners, was sold to Woburn-based KS Partners, a commercial property management company. According to land records, the property was officially sold last month.
Real estate brokers Cushman and Wakefield announced the sale Tuesday.
Located on Nickerson Road, the park consists of 586,266-square-feet of office space one mile west of I-495 and Rte. 20.
According to KS Partners’ website, the company owns and manages over 4 million square feet of commercial property in Massachusetts and Connecticut, including an office building in Marlborough on Boston Post Road and other properties in the Greater Boston area.
The property is equipped with a variety of amenities, including a full-service cafeteria, a multi-media lounge, a fitness center and conference facilities.
The park is already home to several companies, including Oxford Immunotec, Cavium, API Technologies and Tetra Tech.
Stay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Sign upWorcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
SubscribeWorcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
See Digital EditionStay connected! Every business day, WBJ Daily Report will be delivered to your inbox by noon. It provides a daily update of the area’s most important business news.
Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments