BJ's HQ sold to investment firm for $33M
Photo | Grant Welker
BJ's Wholesale Club headquarters in Westborough. The company announced it's opening four new locations over the next few months.
The Westborough corporate headquarters of BJ’s Wholesale Club has changed hands from one New York property investment firm to another.
According to state land records, Broadstone Net Lease, Inc. via CF Alpha & Golf MA Propco LLC purchased the 32-acre property and 250,000-square-foot building for just over $33 million. The sale closed Monday.
Since 2014, the property has been owned by investment firm Angelo Gordon, which purchased the property then for $25.7 million.
Neither firm nor BJ’s responded to requests for comment.
Broadstone made no mention of particular properties in press releases and U.S. securities filings, but listed the LLC used to purchase the property in a filing describing the $735.7-million purchase of 23 properties across 14 states and Canada.
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