Hall Gillespie LLC, a real estate investment and development firm, sold its 500,000-square-foot, three-building office/R&D complex in Marlborough, Mass.

The value of the transaction was not disclosed.

Known as Addition Hill and located at 55 Fairbanks Blvd., the property was originally purchased in 2002 by Hall Gillespie from Lucent Technologies Inc. for $27.5 million. The 100-acre site is situated just off of Route 495 and is comprised of three buildings ranging in size from 100,000 to 200,000 square feet. The development team had installed a multi-million-dollar new entry road to the complex and was proceeding with a master plan for major building renovations.

Boston Scientific Corp. (NYSE: BSX) was the buyer.

Cushman & Wakefield of Massachusetts represented the seller in the transaction and Trammell Crow represented Boston Scientific.

Hall Gillespie LLC is a real estate investment and development company.

Send a Letter to the Editor for publication.
Send a comment or news tip to our newsroom.
Please include the headline of the story.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription