Updated Nov 18, 2025
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
About this deal
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.
On the Map
Industrial
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Players
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