Investment Details

160 Dascomb Road

Rentable Sq. Ft. : 105,332
Clear Height: 22’
Site Area: 19.9 acres
Location: Andover, MA (Boston)
Property Type: Industrial
Closing Date: 2006
 

160 Dascomb Road is a single-story Class B flex/R&D building that is currently 105,332 square feet with 22’ clear height. The Property is scheduled to undergo a repositioning that will include modernizing the façade, replacing the roof, improving floor plate efficiency through the removal of obsolete mezzanine space and potentially adding 40,000 square feet of high-bay warehouse space to the base building.

The Property is located in the highly desirable Northwest Corridor submarket of Greater Boston and approximately 22 miles northwest of Boston alongside the heavily trafficked Interstate 93. The submarket is home to several notable corporations including Gillette, Raytheon, Wyeth Pharmaceuticals, Hewlett-Packard, Putnam Investments and the Eisai Research Institute.

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