News: Front Section
Posted: June 26, 2020
Newmark Knight Frank handles $66 million sale of The Campus at Marlborough - Sold by Hines to Greatland Realty Partners
Marlborough, MA Newmark Knight Frank (NKF) completed the $66 million sale of The Campus at Marlborough,on behalf of a fund sponsored by Hines to Greatland Realty Partners.
NKF co-head of U.S. Capital Markets Robert Griffin, vice chairman Edward Maher, executive managing director Matthew Pullen and managing director Samantha Hallowell of the firm’s Boston Capital Markets group oversaw the transaction of the trophy-quality office campus in conjunction with NKF executive managing director J.R. McDonald and senior managing director Tyler McGrail.
Comprising four interconnected buildings – three office buildings and one amenity building – The Campus at Marlborough totals 531,916 s/f of space set on a 121-acre campus. The property is presently 76% leased to a five-tenant roster anchored by the global headquarters of medical technology company Hologic.
“The Campus at Marlborough has been meticulously maintained under active ownership with significant base building and tenant improvements completed since 2013,” said Pullen. “The institutional-quality asset further facilitates a modern tenant experience with an extensive roster of indoor and outdoor amenities.”
On-site amenities include a full-service cafeteria, Starbucks lounge, staffed fitness center, 300-person auditorium, conference facilities, outdoor seating areas, walking/jogging trails and basketball and volleyball courts. The Campus at Marlborough is located off I-495, near Rtes. 9 and 20, between I-90 (Mass. Pike) and 290, and 35 miles west of Boston.
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