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4 Executive Place

Red Thread Leases 96000 Sq Ft At 4 Executive Place In Andover From Paul Marcus
LEASEDIndustrial

Red Thread Leases 96000 Sq Ft At 4 Executive Place In Andover From Paul Marcus

4 Executive Place

Building Size

96,000 SF

Asset Type

Industrial

Closing

Nov 14, 2025

AI

The property located at 4 Executive Place in Andover, MA, is an industrial asset with a total square footage of 96,000. The building is part of a larger structure measuring 168,000 sq. ft. and is owned by Marcus Partners.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 4 Executive Place
  • Market: Andover, MA
  • Landlord: Paul Marcus - Marcus Partners
  • Tenant: Red Thread

Red Thread is the tenant that has leased the property at 4 Executive Place. The transaction signifies the ongoing use of the industrial space within the Andover market, showcasing business activities in the region.

Players

Paul Marcus

Marcus Partners

Landlord

$191.3M

vol

8 deals

Landlord
Marcus Partners
Marcus PartnersLandlord

Andover Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93