MutualFundWire.com: Will Fidelity Sell its Marlborough Campus?
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Wednesday, June 29, 2011

Will Fidelity Sell its Marlborough Campus?


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.


Printed from: MFWire.com/story.asp?s=37198

Copyright 2011, InvestmentWires, Inc.
All Rights Reserved
Back to Top