Green Touch Builders | Axcelis Technologies sells Beverly HQ for $49M
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February 9, 2015 By SEO Admin

Axcelis Technologies sells Beverly HQ for $49M

Axcelis Technologies, a company that designs and manufactures equipment for the semiconductor manufacturing industry, has sold its 37-acre Beverly headquarters in a leaseback agreement for $49 million.

The property spans 417,313 square feet of office and research and development space at 108 Cherry Hill Drive. Axcelis has committed to lease the property on al long-term, triple-net lease, according to broker DTZ.

The buyer was an affiliate of Northbrook, Illinois-based Middleton Partners, a private…