A nine-building office park in Bedford has sold for $95.5 million.
Charles River Realty Investors and National Development acquired Crosby Corporate Center, a 586,682-square-foot property located at the intersection of Route 3 and Route 62.
Crosby Corporate Center is currently 98 percent leased to several software, information technology and biotechnology companies, including Aspen Technologies, which has leased 143,000 square feet to relocate from Burlington.
The new owners plan to re-position Crosby Corporate Center as a Silicon Valley-like tech environment with a $5 million capital program focused on high-impact aesthetic improvements. Future upgrades will include new park signage and branding, additional parking, new outdoor amenities and landscape improvements, façade renovations and updates to fitness facilities and cafes.
The sale was effectuated by Eastdil Secured.



