Data Center and Office Site in Boxborough, Massachusetts, Available for Sale or Lease

A data center and office site in Boxborough, Massachusetts, previously operated by Intercontinental Exchange (ICE), is now available for sale or lease. Located at 60 Codman Hill Road, this property offers an excellent opportunity for businesses seeking a well-equipped facility in Middlesex County.

Property Details

Sitting on a sprawling 9-acre parcel of land, the two-story property spans an impressive 100,260 square feet (9,315 square meters). Its prime location in Middlesex County makes it easily accessible to the surrounding areas, ensuring convenient connectivity for any business operations.

Historical background

This property has seen a rich history of occupancies over the years. Originally built in 1986, it was once the home of Cereva Networks, a company that specialized in offering a unique system combining storage networking boxes with storage array disks. Subsequently, the site served as the headquarters for financial market data provider Interactive Data Corp, which leased the premises after the acquisition of the former in 2015 by Intercontinental Exchange (ICE).

Lease History

According to SEC filings, Intercontinental Exchange (ICE) leased 60 Codman Hill until the year 2019. During its occupancy, the property served as Interactive Data Corp’s US East Coast data center, catering to their information technology and data storage needs.

Financing arrangement

In 2014, a report revealed that Colliers facilitated a financing arrangement of $12.05 million for the real estate firm Atlantic Tambone. The financing aimed to refinance the debt on the property, as well as its neighboring property, 70 Codman Hill. This financial support further contributed to the stability and development of the site.

Offer for sale

As of 2022, the Stubblebine Company has taken the initiative to offer the vacant facility at 60 Codman Hill Road for sale. The property’s impressive size, strategic location, and past associations make it an attractive investment opportunity for businesses looking to establish or expand their operations in the region.

Demolition and Development

Interestingly, Boxborough’s government website indicates that Concord Property Management filed for permission to demolish the property in the same year it was put up for sale. Following the demolition, plans are in place to develop a single-story industrial warehouse building, presenting an alternative option for potential buyers or lessees.

The data center and office site at 60 Codman Hill Road in Boxborough, Massachusetts, offer a unique opportunity for businesses in search of a well-equipped facility in Middlesex County. With a rich history involving prominent companies like Cereva Networks and Interactive Data Corp, the property possesses immense potential for a wide range of industries. Whether it is a sale or lease, the Stubblebine Company’s offering ensures that interested parties have the chance to acquire this prime piece of real estate. While plans for demolition and subsequent industrial development are in place, the possibilities and potential for this property remain vast.

Explore more

Digital Marketing’s Evolution on Entertainment Platforms 2025

In 2025, the landscape of digital marketing on entertainment platforms has undergone significant transformations, reshaping strategies to accommodate evolving consumer behaviors and technological advancements. Marketers face the challenge of devising approaches that align with demands for personalized, engaging content. From innovative techniques to emerging trends, the domain of digital marketing is being redefined by these shifts. The rise in mobile

How Will Togo’s Strategy Shape Digital Future by 2030?

Togo is embarking on an ambitious journey to redefine its digital landscape and solidify its position as a leader in digital transformation within the African continent. As part of the Togo Digital Acceleration Project, the country is extending its Digital Togo 2025 Strategy to encompass a broader vision that reaches 2030. This strategy is intended to align with Togo’s growth

Europe’s Plan to Lead the 6G Revolution by 2030

In a bold vision to shape the next era of wireless communications, Europe has set an ambitious plan to lead the 6G technology revolution by 2030, aligning with the increasing global demand for high-speed, intelligent network systems. As the world increasingly relies on interconnected digital landscapes, Europe’s strategy marks a crucial shift toward innovation, collaboration, and a sustainable approach to

Is Agentic AI Transforming Financial Decision-Making?

The financial landscape is witnessing an impressive revolution as agentic AI firmly establishes itself as a game-changer in decision-making processes. This AI allows for autonomous operations and supports executive decisions by understanding complex data and executing tasks without human intervention. Recent surveys indicate a dramatic projection: agentic AI usage among finance leaders is expected to climb sharply over the next

Are Cobots the Future of Industrial Automation?

The fast-paced evolution of technology has ushered in a new era of industrial automation, sparking significant interest and discussion about cobots, or collaborative robots. Cobots are transforming industries by offering a flexible, cost-effective, and user-friendly alternative to traditional industrial robotics. Unlike their larger, more imposing predecessors, these sophisticated robotic arms are designed to work seamlessly alongside human operators, broadening the