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On Feb. 4, Staples sold its 48-acre Framingham headquarters for $165 million to LCN Capital Partners, a New York firm specializing in sale-leaseback deals. While it's likely the office supply retail giant will lease the campus from LCN for the immediate future, the sale follows Staples' $7 billion purchase by Sycamore Partners, a New York private equity firm which took the company private.
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Worcester 300, City of Innovators
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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.
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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.
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Worcester 300, City of Innovators
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.
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On Feb. 4, Staples sold its 48-acre Framingham headquarters for $165 million to LCN Capital Partners, a New York firm specializing in sale-leaseback deals. While it's likely the office supply retail giant will lease the campus from LCN for the immediate future, the sale follows Staples' $7 billion purchase by Sycamore Partners, a New York private equity firm which took the company private.