Formerly named Wang Towers, it is a local landmark, dominating the busy intersection[2][3] of Interstate 495 (the Boston outer ring road) and U.S. Route 3.

The complex, consisting of three interconnected cement-clad 12-story[4][Note 1] towers and other buildings totaling over 1,200,000 square feet (110,000 m2) situated on 15 acres (6.1 ha), was built by original sole tenant Wang Laboratories as its new world headquarters.

[7] The towers acquired new tenants, but business was hurt by the 2000–2001 bursting of the "dot-com bubble", and it was described as being, by 2005, a "ghost town"[10] with an occupancy rate of about 50%.

[10] Yale actively shopped the property, but a 2007 deal to sell it for about $180 million to a consortium led by Davis Marcus Partners[12] fell through.

The real estate crash beginning in 2007 put severe strain on the property's finances,[13] but Yale and Divco West (along with Canada's Public Sector Pension Investment Board) retained ownership.