BXP Sells Needham Campus for $132M
BXP sold its 140 Kendrick St. office campus in Needham to a partnership of Lincoln Property Co. and Cross Ocean Partners for $132 million.
BXP sold its 140 Kendrick St. office campus in Needham to a partnership of Lincoln Property Co. and Cross Ocean Partners for $132 million.
Boston-based Wellington Management will open a 106,000-square-foot office at Boston Properties’ 140 Kendrick St. in Needham, replacing its longtime suburban offices in Marlborough.
Wellington Management will retain its anchor tenant status at Atlantic Wharf in Boston after signing a 524,000-square-foot lease renewal and expansion.
Boston-based investment firm Wellington Management has taken a major stake in Beverly-based Axcelis Technologies Inc., a provider of equipment and services to the semiconductor manufacturing industry.