Colliers International has arranged a $18.6 million loan to refinance The Michelson Farm – Westford Technology Park, Buildings 5 and 8, located at 7 and 9 Technology Park Drive in Westford.

Senior Vice President John Broderick of Colliers’ Boston office represented the borrower, The Gutierrez Company, which originally developed the property in 1996. Blue Hills Bank financed the transaction. The long-term, fixed-rate loan closed earlier this month.

The Michelson Farm – Westford Technology Park consists of nine buildings totaling more than 1 million square feet. 7 Technology Park Drive is a three-story,130,000-square-foot, Class A suburban office development. 9 Technology Park Drive is a single-story, 100,000-square-foot, Class A office/R&D flex building. Both properties recently completed significant renovations for occupancy of tenant, Goodrich Corporation, a global supplier of systems and services to aircraft and engine manufacturers, airlines and defense forces around the world.