A vestige of Massachusetts’ once-storied computer industry is heading to foreclosure auction in Maynard.
Anglo Irish Bank Corp. of Dublin is foreclosing on a 58-acre site owned by John M. Wolters and 129 Parker Street LLC, raising questions about the future of a sprawling office park that was home to Digital Equipment Corp., which was later acquired by Compaq Computer Corp.
The site, assessed by the town at nearly $10 million, will be auctioned at 1 p.m. May 3. Anglo Irish Bank hired Boston Realty Advisors, which specializes in distressed properties, to recruit potential buyers and sell to the highest bidder.
We “have a piece of Massachusetts history up for sale, and we’re proud of it,’’ said Jason S. Weissman, principal at Boston Realty Advisors.
Digital’s Old Home Base In Foreclosure (Boston Globe)