Fund Sponsored by Hines Sells Office Complex in Marlborough to Greatland Realty Partners for $66 Million


BOSTON— Newmark Knight Frank (NKF) announced the completion of the $66 million sale of The Campus at Marlborough in Marlborough, MA 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 square feet of space set on a 121-acre campus. The property is presently 76 percent 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 also strategically situated immediately off Interstate 495, moments from Routes 9 and 20, between Interstates 90 (Massachusetts Turnpike) and 290, and just 35 miles west of Boston.