Combined, the two buildings are 198,336 square feet and contain advanced manufacturing space, as well as research and development space.
Get Instant Access to This Article
Subscribe to Worcester Business Journal and get immediate access to all of our subscriber-only content and much more.
New York-based New Mountain Capital has purchased two adjacent Hopkinton properties utilized by Waltham-based life science and diagnostics company Revvity for $58.4 million.
New Mountain purchased the sites at 68-78 Elm St. in Hopkinton in a deal finalized on Jan. 26, according to Middlesex South District Registry of Deeds records. The two parcels making up the site were purchased from an entity managed by Wakefield-based Northbridge Partners.
Combined, the two buildings are 198,336 square feet and contain advanced manufacturing space, as well as research and development space.
Revvity, which produces diagnostic systems and other equipment used in the life sciences space, has a long term lease for the space, according to a 2025 press release from Boston-based JLL.
JLL had arranged financing for the site for Northbridge Partners, according to the release. Northbridge had purchased the sites for $31.15 million in 2015, according to registry records.
New Mountain is a firm focused on private equity, credit, and net lease investments, with $60 billion in assets under management, according to its website.
Northbridge Partners was founded in 2014, according to its website. The firm has $3 billion in assets under management across 12 states. It purchased the new Worcester headquarters of Table Talk Pies for $50 million in 2024.
Combined, the two Hopkinton parcels purchased by New Mountain received a 2025 assessment value of $21.34 million, according to Town of Hopkinton property records.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the real estate and banking & finance industries.
