300 Ballardvale Street, Andover, MA

ASSET CLASS / LOCATION

Andover offices, MA

ACQUISITION DATE

October, 2022

TOTAL LAND AREA

7.9 acres (3.2 hectares)

TOTAL RENTABLE AREA

112,029 square feet (10,407 square meters) and outdoor parking for 437 cars

“300 Ballardvale” is a two-story office building, located in Andover MA, 20 miles north of Boston. The park is only a few minutes away from Andover city center, and through I-93, only 30 minutes away from Boston. The building was constructed in 1985 and renovated in 2017. It is a multi-tenant property, with the possibility in the future of transforming some of the space into flex/R&D space, taking the advantage of being in the heart of the Ballardvale Innovation cluster.