Fidelity [see profile]
is now one step closer to selling its offices in Marlborough, Massachusetts. In March the Boston-based mutual fund giant's plans to leave the location by the end of 2012 came to light [see The MFWire.com, 3/16/2011
], and now the Boston Business Journal reports
that Fidelity has hired Cushman & Wakefield
to, in the pub's words, "flesh out a resolution at the site," which Fidelity reportedly bought for $35 million more than a decade ago.
The move will shift of the 1,100 Marlborough employees to existing Fidelity campuses in Merrimack, New Hampshire and Smithfield, Rhode Island.
Neil Anderson, Managing Editor
Stay ahead of the news ... Sign up for our email alerts now