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November 20, 2023

After neighbors defeat warehouse proposal, Intel sells former Hudson design center for $12M

Photo | Google Maps Intel property in Hudson with the WestRidge Condominiums to the northeast, and the Villages at Quail Run and and the Hudson Children's Center to the south

After a proposed development of the property was stopped following a lawsuit by its neighbors, multinational tech company Intel has sold the former site of its Hudson manufacturing facility for $12 million to a company specializing in real estate redevelopment.

The property, located at 75 Reed St., was purchased by Hudson Reed Owner LLC, a Newton-based corporation, according to Middlesex South District Registry of Deeds. The sale closed on Monday.

Hudson Reed Owner is managed by National Development, a real estate investment and management company also based in Newton, according to corporate filings with the Massachusetts Secretary of the Commonwealth.

Intel had told Town of Hudson officials in 2015 it was not planning on selling the property for redevelopment, but in 2022, the company sought to have the property redeveloped into a distribution warehouse. These plans were later dropped after neighboring businesses filed a lawsuit seeking to block the development.

The Reed Street property was formerly home of an Intel chip manufacturing facility the California-based company closed in 2013. Intel continues to operate in other nearby buildings. The Hudson campus currently employs about 800 Intel employees, according to the company’s website. 

An email to National Development from WBJ regarding the future of the property was not immediately returned.
 

CORRECTION: An earlier version of this story incorrectly cited the Worcester Registry of Deeds. The filing was actually made at the Middlesex South Registry of Deeds. 

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