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IPG Photonics Buys Cedar Hill Place for $21 Million

Candee Investments Sells Office Building in Marlborough, Massachusetts
The 107,520-square-foot Cedar Hill Place office building in Marlborough, Massachusetts. Photo: CoStar
The 107,520-square-foot Cedar Hill Place office building in Marlborough, Massachusetts. Photo: CoStar
By Michael Harvey
CoStar Research
April 4, 2019 | 4:49 P.M.

PIG Photonics, a developer and manufacturer of high-performance fiber lasers and amplifiers, purchased a 107,520-square-foot office building in Marlborough, Massachusetts, from Candee Investments. Cedar Hill Place sold for $21 million, or about $195 per square foot.

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