"I hear it is under agreement," says the source. The QuarryIndustrial Park is located along the Bellingham line and is near abuilding previously occupied by Data General. EMC's recentacquisition of Data General is one reason for the firm heading intothe Milford market, says the source, although observers also saythe migration is needed because EMC is running out of space in itshometown of Hopkinton.

"It's an excellent location," adds the source, noting there isquick access to Route 495 and the Massachusetts Turnpike. Theability to develop such a large block of space is also harder tothe north, says the source, with several well-heeled technologyplayers competing for any available land or buildings in thatmarket.

Certainly there is a need for EMC to expand. Considered theworld leader in information storage, the company has become one ofthe state's biggest success stories in recent years, with no signof slowing down. It just leased 250,000 sf in Westborough, secureda 103,000-sf block at 450 Fortune Blvd. in Milford, and is alsoreportedly taking more than 100,000 sf of industrial space atLincoln Property Cos. speculative industrial project inFranklin.