Dark and empty just a few years ago, the former Hewlett Packard campus on Forest Street is now brimming with activity.
“I am thrilled to welcome the Hilton Garden Inn to the city of Marlborough. They are a great addition to our hospitality community, and I expect great things from them in the coming years,” said Marlborough mayor Arthur Vigeant.
In a few years Massachusetts could become the next Silicon Valley of biotechnology and bio-pharmaceutics, judging by the growing number of businesses that choose to relocate or consolidate their presence here.
Another day, another big deal in Marlborough.
Large pharmaceutical companies have been beating a path to Massachusetts over the past few years to join its bubbling life sciences cluster. And this week, GE Healthcare Life Sciences, a unit of the industry conglomerate General Electric (NYSE: GE), became the latest to make the moveâ€”dealing a blow to New Jerseyâ€™s life sciences scene in the process.
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.