832 North Street

Investment Overview

Newmark has been exclusively retained to sell 832 North Street in Tewksbury, Massachusetts, an ~11-acre commercial parcel positioned at the front entrance of The Center at Innovation Drive, one of Greater Boston’s premier mixed-use innovation campuses. The site sits within a well-established technology and R&D corridor that was once home to Wang Laboratories’ headquarters and R&D center and has since been transformed into a modern, amenity-rich campus catering to technology, life-science, and defense tenants such as Raytheon. With zoning flexibility, highway access, and adjacency to a Class A corporate campus, the property is wellpositioned for industrial, self-storage, R&D, or flex development in one of Massachusetts’ strongest suburban submarkets. Although the estimated buildable area is ~2.5-acres, the total lot size of 10.76-acres helps satisfy any minimum open space requirements that could arise with future development. The property is being offered without a formal asking price, free and clear of debt.

Investment Highlights

• Flexible Zoning
• Prime Highway Access
• Proximity to Key Employers