According to Grubb & Ellis EVP Jack Kerrigan, who isspearheading the marketing campaign, 72 Tyng Rd. is unique becausethe region is bereft of large sites that can support extensiveconstruction. "Also," adds the veteran broker, "the site'sproximity to Boston and the Nashua, NH, submarket make it anattractive investment for a variety of potential uses in thefuture." Other G&E professionals handling the sale are VP SteveCook and senior account manager Anne Flanagan.

The main building is a 75,000-sf structure that was previouslyused to house the Wang Institute, a combination technology trainingfacility and Chinese studies center founded by Wang Computersfounder An Wang in 1979. The institute merged with Boston-based BUin 1987, at which time the school assumed control of 72 Tyng Rd.Kerrigan explains that BU decided to divest the asset and redeployproceedings back to its main campus on the Charles River.

An asking price was not provided by the sellers, and industryobservers spoken with were unable to provide any estimates giventhe lack of data regarding build out potential. From a commercialreal estate standpoint, the Interstate 495 market has been on animpressive recovery of late, but there remains plentiful productfor flex and office space users. One broker concurred, however,that the sheer size of 72 Tyng Rd. could draw a certain audienceneeding ample space for expansion. Although the 800,000-sf SunMicrosystems campus in Burlington was recently opened up to thetenant community, some firms with six-figure requirement have foundthe options along Route 3 slim, especially those saddled by timeconstraints.