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NYC developer buys slice of former Staples HQ for $25M, at 160% price increase

New York City-based The Lightstone Group, with its partner Outshine Properties, has purchased 100-150 Staples Drive in Framingham for $24.7 million, which is more than double the price the property sold for in 2021.

Minnesota manufacturer to expand Northborough operation

Trelleborg Healthcare and Medical of Minnesota, a subsidiary of engineering giant Trelleborg AB of Sweden, will expand its manufacturing facility and BioPharma Center of Excellence in Northborough.

Boston Scientific acquires South Carolina cancer R&D firm

Marlborough medical device manufacturer Boston Scientific Corp. has acquired Obsidio, Inc., a South Carolina-based medical materials developer.

Workers Credit Union hires Maine CEO as chief member experience officer

Workers Credit Union of Littleton hired Elizabeth Hayes to the newly created position of executive vice president and chief member experience officer on July 25.
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ReWalk seeks to reclassify product as artificial legs

ReWalk Robotics is working with CMS to classify one of its products as artificial legs, which would make it easier for patients to receive its products.

Two Amazon-leased properties in Westborough receive $97M for construction, refinancing

New York City-based commercial real estate services firm, Newmark Group Inc., arranged $96.5 million in financing for Framingham’s Atlantic Management for its two Otis Street properties in Westborough.

Boston Scientific investigating corruption, bribery allegation in Vietnam

Marlborough medical device manufacturer Boston Scientific Corp. has received a whistleblower letter saying the company violated the U.S. Foreign Corrupt Practices Act in its dealings in Vietnam.

Biostage names industry veteran as new CFO

Holliston bioscience company Biostage has hired a public financing and Nasdaq listing expert as its new CFO. 
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Marlborough geothermal company expands

Dandelion Energy in Marlborough has expanded access to its geothermal heating and cooling system across most of Massachusetts.

Islamic school purchases former Frye Family Estate for $3.8M

The Ar-Raheem Academy of Waltham has purchased the former Frye Family Estate in Marlborough for $3.8 million.
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