Business & Tech

Globe’s former home on Morrissey Blvd. sold for $81 million

A rendering of what the Globe’s old headquarters might look like under its new owners.
A rendering of what the Globe’s old headquarters might look like under its new owners.

The site of the former Boston Globe headquarters on Morrissey Boulevard in Dorchester officially sold Wednesday for $81 million to a partnership formed by Burlington-based developer Nordblom Co. and Boston private equity firm Alcion Ventures, according to a registry of deeds filing.

Nordblom said it plans to convert the 16.5-acre site into a light industrial and office complex focused on technology and life sciences, along with restaurants, retail, and possibly a craft brewery.

“We’re excited about our purchase of 135 Morrissey Boulevard, the latest addition to our Boston portfolio,” Og Hunnewell, partner at Nordblom Co., said in a prepared statement. “We look forward to working closely with our neighbors and the [Boston Planning and Development Agency] to bring to life our vision of an urban innovation campus.”

Advertisement

Alcion declined to comment on the deal.

Get Talking Points in your inbox:
An afternoon recap of the day’s most important business news, delivered weekdays.
Thank you for signing up! Sign up for more newsletters here

Nordblom filed plans in November with the agency for the 724,000-square-foot site, and has already begun the process of meeting with neighbors in the Savin Hill and Columbia Point neighborhoods.

In its notice, the company indicated the project would improve access between Savin Hill and the JFK/UMass MBTA station.

Boston Globe owner John W. Henry bought the Morrissey Boulevard property when he acquired the newspaper and its other operations in 2013 for $70 million. Two prior deals to buy the property fell apart in 2015 and in May of this year. In August, Boston Globe Media Partners announced it had a deal in place with Nordblom.

The Globe’s headquarters and newsroom moved in June to the Exchange Place tower at 53 State St. in downtown Boston. Its printing and distribution operations were relocated to a new facility in Taunton.

Katheleen Conti can be reached at kconti@globe.com. Follow her on Twitter @GlobeKConti.