Oxford Properties Group purchases Resilience manufacturing site for $125M
The international real estate company Oxford Properties Group has purchased a manufacturing facility in the Boston suburbs.
According to Oxford, it has purchased a 120,000-square-foot biomanufacturing facility, which is currently under expansion in Marlborough, MA, about 34 miles from Boston. Oxford purchased the facility for a cool $125 million from contract manufacturer Resilience. While the deal will have Oxford acquire the building, it will lease back the facility to Resilience for up to 30 years.
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