Wells Real Estate Investment Trust II purchased 9 Technology Drive, a 250,000-square-foot, class A office building in Boston, Mass.

The value of the transaction was not disclosed.

9 Technology Drive is located in Westborough Technology Park about 20 miles west of downtown Boston in the I-495 West submarket. It sits on more than 16 acres and was completed in 1992.

The two-story, single-tenant building was 100 percent leased at the time of sale by EMC Corp., a provider of enterprise storage systems, software, networks and services. EMC is on a long-term lease.

Wells Real Estate Funds is a national real estate investment management company that purchases existing Class-A office and industrial properties.


What’s your opinion? Send your Letter to the Editor to newsroom@inman.com.

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
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
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