February 7, 2025 - 19:49
WORCESTER, MA – EMC has continued to downsize its operations in Central Massachusetts by selling a substantial office building measuring 166,213 square feet. The property was acquired for $6.9 million by Atlantic Management, a company based in Framingham. This transaction marks another significant step in EMC's strategy to streamline its real estate holdings in the region.
The office building, located in Southborough, has been a part of EMC's portfolio for several years. The sale reflects the ongoing trends in the commercial real estate market, where companies are reassessing their space needs in light of changing work environments and economic conditions.
Atlantic Management's acquisition of the property is expected to enhance its portfolio and may lead to new opportunities for development or leasing in the area. As businesses adapt to the post-pandemic landscape, the demand for office space continues to evolve, influencing the decisions of major corporations like EMC.
