Property profile

62 Forest St Marlborough, MA 01752

FOR LEASE
Office Building
Property ID
US38-1657524
91,112 SF 6.07 ac lot Built 2000
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Property summary

AI-generated overview

Lake Williams Corporate Center is a master-planned business park with a total office area of approximately 210,000 square feet, consisting of two three-story Class A office buildings on a 61-acre lakeside setting. The property includes monument signage, ample surface parking, and interior common elements such as double-height open atriums and tenant directories. Both buildings are wired with certified systems and support multiple internet and telecommunications service options, including Verizon Fios (fiber), Crown Castle (fiber), Comcast (coaxial), Verizon (copper and fiber), and Windstream (fiber). On-site amenities include a café, common seating areas for informal meetings, a tabletop game area, and outdoor patios with seating. Office suite and floor configurations are typically carpeted and may include a reception area, employee breakroom, perimeter private offices, meeting and conference rooms, open work areas, and storage space, with tenant spaces designed to support office use. The center is located near hospitality, restaurants, retail, and daycare services, and provides proximity to the Arlborough/Westborough Boston Logan Airport shuttle. The campus is adjacent to the interchange of I-495/Route 20 and the I-495 interchange at Exit 23C, with the Massachusetts Turnpike (I-90) about five miles away, and is surrounded by regional corporate neighbors such as TJX, Hologic, Wellington Management, and IPG Photonics.

Property profile

Verified
Property type Office Building
Year built 2000
Total area 91,112 SF
Lot 6.07 ac (264,409 SF)
APN MARL M:102 B:001 L:0
UPID US38-1657524

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

62 Forest St Marlborough, MA 01752
Marlborough metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
Last sale
$14.1M
1 recorded transaction
2023
$14.1M
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