Our Investments

Investments Selected with Precision to perform with power

Andover Medical Center

323 Lowell Street
Andover, MA
Type: Office
Size: 71,792 sq. ft.
Built: 2014
Investment Date: November 2017
Strategy: Core / Core Plus
Andover Medical Center is a pair of contiguous, state-of-the-art medical office buildings that total 70,000 square feet; the project includes a two-level parking deck and 1,800 square foot retail building that is occupied by a full-service cafe/restaurant.  The site is in a premier location with visibility and access off Interstate 93 and Lowell Street (Route 133). Andover and the surrounding communities are characterized by affluent demographics, high home values and steady population growth. The asset offers a synergistic mix of medical services (primary care, urgent care, specialty clinics, diagnostics) and is subject to a master leased by a credit, regional health care provider.