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May 13, 2015

Part of Westborough Technology Park sold for $24.5M

COURTESY/ WESTBOROUGH ASSESSOR'S OFFICE 8 Technology Drive, Westborough, and neighboring 4 Technology Drive were sold in April.

A portion of the Westborough Technology Park, which sits next to the westbound side of Route 9 near the intersection of Route 495, has been sold for $24.5 million.

Two buildings and associated property at 4 and 8 Technology Drive were sold April 29, changing hands from Gateway Sherwood Inc. to FD Special Opportunities III-a LLC, according to Massachusetts land records.

The buildings, constructed in 1987 and 1991, contain more than 214,000 square feet of office and research-and-development space, according to Westborough land records. The structures had nearly 40 percent of that space — nearly 79,500 square feet — available for lease, according to a listing with Colliers International.

Westborough Technology Park includes over 600,000 square feet of office and R&D space, according to Colliers. That include two hotels, day care services, a fitness center, café and a jogging path. Among the tenants are Bose, EClinicalWorks, and a Courtyard Marriott hotel.

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