JLL arranges USD 43.5 million sale of Andover, Massachusetts R&D properties

By Public Technologies
  • JLL arranged the USD 43.5 million sale of two flex R&D properties at 3 and 6 Riverside Drive in Andover, Massachusetts.
  • Hendrie Lane Capital and V12 Investments acquired the 171,764-square-foot campus from Ciminelli Real Estate Corporation and Gordon Brothers.
  • JLL also placed USD 28.61 million of acquisition financing through Washington Trust.
  • The assets are fully leased to four tenants in advanced manufacturing and technology-related sectors.


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