X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SOUTHBOROUGH, MA-Vanguard Health Systems has signed on to take 10,750 sf of office space in Southborough Place. It becomes an anchor in one of the office park’s three-building, master-planned campus.

Robert McGuire, with CB Richard Ellis/Whittier Partners’ Boston office, tells GlobeSt.com that the Nashville-based healthcare network, which operates two hospitals in Massachusetts, will move into the building within the next few weeks once buildout of the shell space at the 132 Turnpike Rd. property is completed. The firm will join existing tenants Clark Consulting, Northern Mortgage, the Fusion Group and True Advantage. Terms of that five-year lease were not released, but McGuire says the class A, 74,000-sf building generally leases for around $23 per-sf gross.

Located just minutes from the Massachusetts Turnpike and Route 495, the property is part of a soon-to-be completed, three-building office complex totaling 205,000 sf. McGuire, along with Chris Tosti, Robert Walles and Mathew Flaherty, all with CB Richard Ellis/Whittier Partners, handled the lease transaction for the owner, a joint venture between Capital Group Properties and Secured Realty. Neil Schneider of McCall & Almy, of Boston, represented the tenant.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.