Last fall, veteran commercial real estate executive Cathy Thompson was named co-managing director of DTZ’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.
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.
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.