M&T Bank leases former Berkshire Bank location in Marlborough
Image | Courtesy of Google Maps
A former Berkshire Bank location in Marlborough has been leased by M&T Bank.
Buffalo-based M&T Bank has leased a former Berkshire Bank location on Maple Street in Marlborough.
M&T Bank has signed a 10-year lease for the 3,500-square-foot location on Thursday, according to a listing for the transaction on real estate tracking website CoStar.
Berkshire Bank closed the location in June 2023 as part of a wider downsizing of its footprint impacting four locations in Massachusetts, later selling the 322 Maple St. site and another former location in Westborough for a combined $5.2 million to Auburn-based Lundgren Equity Partners.
The bank was built in 2003 and previously served as a Commerce Bank location before Berkshire’s acquisition of the firm in 2017.
M&T Bank has 71 locations in Massachusetts, including branches in Marlborough, Shrewsbury, Westborough, and Worcester.
Drew Higgins and William Kelleher of Kelleher & Sadowsky Associates in Worcester served as the leasing representative for this transaction.
Eric Casey is the managing editor at Worcester Business Journal, who primarily covers the manufacturing and real estate industries.
WBJ Web Partners
Most Recent
Most Recent
0 Comments