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Michael Olson Of Rhino Capital Acquires Mixed-Use Asset In Boxborough For $29.5M

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SOLD
$29,500,000

Massachusetts

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Mixed-use642,000 SF
Sold 07/28/2025
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SOLD

Michael Olson Of Rhino Capital Acquires Mixed-Use Asset In Boxborough For $29.5M

80 Central Street & 90 Central Street

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Mixed-use642,000 SF
Sold 07/28/2025
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Summary

MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$46
Total Square Footage:642,000 SF
Transaction Type:Sale

The property involved in the transaction is a mixed-use asset located at 80-90 Central Street, Boxborough, MA. The sale was executed for a total amount of $29,500,000. The asset encompasses 321,000 square feet, resulting in a price per square foot of $92. The property is identified as the Tech Central campus and is 91% leased to prominent tenants including AMD and Qualcomm.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $29,500,000
  • Address: 80-90 Central Street
  • Market: Boxborough, MA
  • Square Footage: 321,000
  • Price per Square Foot: $92
  • Buyer: Michael Olson - Rhino Capital

Piedmont executed the sale of the Tech Central campus, achieving a gain of $1.2 million on the transaction. The buyer, Rhino Capital, is represented by Michael Olson in this deal.

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7 deals$156.1M volume
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Details

SOLD
IMAGE: Michael Olson DATE: 07/28/2025 ADDRESS: 80-90 Central Street MARKET: Boxborough, MA ASSET TYPE: Mixed-use BUYER: Michael Olson - Rhino Capital SALE PRICE: $29,500,000 SF: 321,000 ~ PPSF: $92 NOTE: Piedmont sold the 321K SF Tech Central campus in Boxborough for $29.5M, recognizing a $1.2M gain; records show Rhino Capital as the buyer. The flex-office and R&D site is 91% leased to tenants including AMD and Qualcomm.

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