Marlborough Technology Park
Update
10/04/17
57-acre Marlborough Technology Park office campus sold for $46 million
KS Partners has acquired Marlborough Technology Park, a seven-building, 57-acre suburban office campus located just outside Boston in Marlborough, MA, for $46 million. KS has assumed management of the property and selected Transwestern as Marlborough Technology Park's leasing agent. Liberty Bank provided over $38 million in mortgage financing towards KS Partners’ acquisition. Seller Normandy Real Estate Partners acquired the property in 2006 as a part of the acquisition of a 13-property portfolio from Morgan Stanley.
Marlborough Technology Park recently underwent a $9.8 million renovation and includes communal amenities such as a full-service cafeteria, a multimedia conference center, a lounge, a fitness center with full-service locker rooms and abundant parking. Tenants at Marlborough Technology Park include Cavium Inc., ViaSat, Oracle, Roche and Tetra Tech.
