300 Ballardvale Street, Andover, MA
ASSET CLASS / LOCATION
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.