BU Puts 210-Acre Suburban Campus on Block

TYNGSBOROUGH, MA-A 210-acre complex owned for 20 years by Boston University is the latest suburban Massachusetts property to hit the sales block. Straddling three communities along the Route 3 corridor, 72 Tyng Rd. is expected to garner attention as a potential corporate campus. Besides Tyngsborough, the parcel is partly in Chelmsford and Westford.

According to Grubb & Ellis EVP Jack Kerrigan, who is spearheading the marketing campaign, 72 Tyng Rd. is unique because the region is bereft of large sites that can support extensive construction. “Also,” adds the veteran broker, “the site’s proximity to Boston and the Nashua, NH, submarket make it an attractive investment for a variety of potential uses in the future.” Other G&E professionals handling the sale are VP Steve Cook and senior account manager Anne Flanagan.

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