{"id":1004795043,"date":"2026-04-14T01:20:48","date_gmt":"2026-04-14T09:20:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004795043"},"modified":"2026-04-14T03:48:02","modified_gmt":"2026-04-14T11:48:02","slug":"intel-campus-redevelopment-moves-forward-near-boston","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/intel-campus-redevelopment-moves-forward-near-boston\/","title":{"rendered":"Intel Campus Revamp Moves Forward Near Boston"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a2cd250f2f01&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"620\" data-attachment-id=\"1004795042\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/reed_road_rendering\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Reed_Road_Rendering.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Reed_Road_Rendering\" data-image-description=\"&lt;p&gt;Image from: https:\/\/www.prnewswire.com\/news-releases\/national-development-secures-approval-for-950-000-sf-state-of-the-art-industrial-campus-in-hudson-ma-302740456.html&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;National Development will begin construction on the industrial development after it secures an occupant. Image courtesy of National Development&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Reed_Road_Rendering.jpg?w=800\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Reed_Road_Rendering.jpg?w=800\" alt=\"A rendering of National Development's proposed industrial facility in Hudson, Mass.\" class=\"wp-image-1004795042\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Reed_Road_Rendering.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Reed_Road_Rendering.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/04\/Reed_Road_Rendering.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">National Development will begin construction on the industrial campus after it secures an occupant. <em>Image courtesy of National Development<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>National Development has received the local authorities&#8217; approval for the redevelopment of the former 148-acre Intel campus in Hudson, Mass. A 950,000-square-foot industrial complex will rise in its place, with construction set to begin as soon as a tenant is secured.<\/p>\n\n\n\n<p>The site was previously home to a 1.4 million-square-foot research and manufacturing campus. Intel sold the asset to National Development in November 2023 but continued leasing the property until May 2025, when the new owner began demolishing the buildings dating back to the late 1970s.<\/p>\n\n\n\n<p>Located at 75 Reed Road, the property is within 2 miles from the interchange of interstates 495 and 295. Downtown Boston is about 39 miles east.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-boston-s-uneven-industrial-market\">Boston\u2019s uneven industrial market<\/h2>\n\n\n\n<p>Greater Boston ranked fifth in the nation for industrial rent growth as of February 2026, according to a <a href=\"https:\/\/www.commercialsearch.com\/news\/retailers-reshape-logistics-as-rent-growth-holds-firm\/\">Yardi Matrix report<\/a>, with in-place rents rising 6.9 percent year-over-year to $12.19 per square foot. The national figure, meanwhile, grew 5.5 percent to $8.99 per square foot.<\/p>\n\n\n\n<p>On the supply side, Boston lagged the national total, with about 2.6 million square feet in development, representing 1 percent of stock. Nationally, the figure was 1.8 percent of stock.<\/p>\n\n\n\n<p>At the same time, Boston recorded a higher vacancy rate than other major markets and the national figure. The metro\u2019s rate clocked in at 11.5 percent, while the national average was at 9.2 percent. Kansas City netted the lowest vacancy rate in the country, recording a figure of 5.2 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 1 million-square-foot industrial complex will replace the obsolete property.<\/p>\n","protected":false},"author":3810,"featured_media":1004795042,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,21782,21748,21742,10],"tags":[52234,35869],"class_list":["post-1004795043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-boston","category-development","category-industrial","category-latest","category-northeast","tag-intel","tag-national-development"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Intel Campus Revamp Moves Forward Near Boston - 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