Bose Corp., a technology company known for such products as sound systems and noise-canceling headphones, has renewed its lease at 9 Technology Drive in Westborough, said a broker involved in the transaction.
The broker is Cushman & Wakefield, which represented the landlord, Wells REIT II – 9 Technology Drive LLC, in the transaction.
Bose occupies nearly 251,000 square feet of space at 9 Technology Drive.
“We are delighted that Bose decided to remain at 9 Technology Drive,” J.R. McDonald of Cushman & Wakefield said in a statement. “The transaction was a major win for both parties. By renewing in place early, Bose was able to leverage prior investments in building improvements while achieving its desire to operate as a sole tenant. Its decision to stay is a reflection of the quality and location of the property and ownership is thrilled to have negotiated a comprehensive real estate solution for Bose, a world leader in technology.”Chris Reidy can be reached at email@example.com.