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Hudson, MA – National Development announced it has received approval from the Town of Hudson for its plans to transform the 148-acre property at 75 Reed Road into a state-of-the-art industrial campus totaling approximately 950,000sf.
In partnership with the Town of Hudson, the project has progressed significantly since its initial announcement in November 2025, including the completion of full site demolition and permitting. With approvals now secured, National Development will begin marketing the site and engaging prospective tenants, with construction expected to commence upon securing an occupant.
The property is located less than two miles from I-495 with direct access to the I-290 interchange. As a build-to-suit opportunity, the site provides flexibility within its existing permitting framework to accommodate a range of tenant needs. With flexible industrial zoning, strong utility infrastructure, and robust power capacity, it is designed to support a wide variety of uses, from advanced manufacturing to warehouse distribution and logistics. The site also offers access to an industrial workforce of more than 34,000 within a 30-minute drive and 40 million consumers within a five-hour drive.
National Development acquired
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the property from Intel Corporation in November 2023. Intel leased the property and facilities until May 2025, concluding its more than 25-year tenure as the owner and operator of the research and manufacturing facility, which reached 1.4 million sq. ft. at its peak, in support of its semiconductor fabrication operations. In recent years, Intel gradually wound down its activities at the site.
“ We’ re grateful to the Town of Hudson
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Rendering of 75 Reed Road
for its partnership in advancing a shared vision for this site,” said Ed Marsteiner, president and partner at National Development.“ With approvals secured, this site represents a rare opportunity to deliver a fully customized industrial campus. Its flexibility, from building configuration to overall site design, allows us to meet the specific operational needs of a wide range of users and create a longterm home for companies looking to grow
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and innovate.”
“ This approval reflects the productive and collaborative process between the Town and National Development,” said Kristina Johnson, director of planning and community development for the Town of Hudson.“ The redevelopment of this site will contribute significant new growth revenue for Hudson and ensures the property continues to support the town’ s long‐term economic resiliency.”
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