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Home » Boston Scientific to move global headquarters out of Natick

Boston Scientific to move global headquarters out of Natick

November 8, 2012 By MassDevice staff

Boston Scientific's Natick headquarters

Boston Scientific’s erstwhile headquarters in Natick, Mass.

Boston Scientific (NYSE:BSX) is preparing to sell its global headquarters in Natick, Mass., and move 13 miles west to Marlborough, where the company already owns a facility, the medical device giant said Thursday.

The 500,000 square foot campus in Natick, once home to Carling Brewery and Prime Computers, will be bought by MathWorks, a local software company.

Boston Scientific didn’t disclose the amount of the sale, but the company is listed as the owner of 7 parcels of land valued at about $80.5 million, according to the Town of Natick Assessors office. The company has been at the Natick location since 1995.

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BSX spokesman Steve Campanini told MassDevice that the company will build a new global headquarters in Marlborough, which can accommodate all of the 800 employees currently on the Natick campus. Construction of a new global headquarters is expected to be completed by 2014, but the company will begin transitioning operations next year.

The company already owns a facility in Marlborough, which will accommodate the new headquarters. That space, which was bought by the company in 2004 for $43.5 million, is located near the intersection of I-290 and I-495, according to a prepared release.

“A new global headquarters in Marlborough will more effectively support our long-term strategic plans,” said Mike Mahoney, president and chief executive officer of Boston Scientific in a prepared release. "Consolidating our Natick and Marlborough facilities is expected to foster greater collaboration and efficiency, benefiting our employees, our customers, and, ultimately, the patients they treat.”

Filed Under: News Well Tagged With: Boston Scientific

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