Southborough Office Park has recently undergone landscaping improvements to the courtyard area, these in addition to the lobby/restroom upgrades in the past few years along with amenities such as an on-site cafe and facilities management, have contributed to the increased activity and low vacancy at this suburban office park. The park is currently 96% leased with only two smaller suites currently available; 1,392 SF at 500 Southborough and 2,647 SF at 600 Southborough, while 400 Southborough is currently fully leased.
Recent transactions at the park include VHB’s expansion within building 500 to 6,557 SF on the first floor this summer and Network for Regional Healthcare Improvement leasing VHB’s previous 4,592 SF space, which they will occupy in January 2019. Another new tenant to the park is Aware Recovery Care, who leased 4,301 SF on the second floor at building 500, which will be their first office location in Maine. Several trends that have increased the volume in activity we have seen from tenants downtown touring the park have been the increased rates in monthly parking in Portland and traffic in the Old Port. Many tenants are searching for a quieter location where they can enjoy nearby amenities and abundant parking for their employees and visitors. Southborough Office Park’s suburban campus setting as well as proximity to the Maine Mall and I-295, provide both convenience and amenities to its tenants. Check out our available spaces here.