GE Healthcare Life Sciences will open a new, 160,000 square-foot facility in Marlborough, Mass, the new headquarters for its US operations.
GE Healthcareâ€™s life science division has identified Marlborough â€” home of Boston Scientific as well as more than two dozen other medical device firms â€” as the site of its new U.S. headquarters and plans to open a 500-employee facility there next spring. The company is a subsidiary pf global conglomerate General Electric (NYSE: GE) […]
When the exodus to the suburbs got underway more than a half-century ago, employers followed, and the office park was born. But today, as younger workers return to the city, and employers again follow the labor, these isolated campuses of low-slung buildings, parking lots, and company cafeterias face challenges, from new competitors to aging facilities to high vacancy rates.
Last fall, veteran commercial real estate executive Cathy Thompson was named co-managing director of DTZâ€™s Boston real estate office. Thompson, who co-founded and operated Thompson Hennessey & Partners for more than two decades, had also served as senior managing director at Newmark Grubb Knight Frank.
Developers are looking to have the former Hewlett-Packard Co. campus in Marlborough bustling before long.
Colliers International (Colliers) has arranged $60 million in bridge financing for 200 Forest Street, a 527,580-rentable-square-foot office/R&D building located adjacent to Interstate 495 in the Forest Street Office Park in Marlborough, Massachusetts.
After more than a decade in business, Boston Biomedical Associates (BBA) is set to join one of Massachusetts most-thriving biotech communities the City of Marlborough.
In 2012, I became mayor of a city formed in the 1600s that grew into an industrial powerhouse by the late 1800s. Economic reinvention has been a constant need in our history, and it was dire after the 2008 downturn when our office vacancy rate hit 34 percent.
How do you reinvigorate an office park district where more than a million square feet of prime space off the interstate have been lying vacant?
The city of Marlborough has pumped out some headline-grabbing commercial real estate deals this year as companies have signed agreements to absorb nearly 1 million square feet of vacant commercial real estate within the city limits.