Jonathan G. Davis Of The Davis Companies Acquires 100 Minuteman Road From Peter M. Moglia For $67.3M

The transaction involved the sale of a 380,000-square-foot office asset located at 100 Minuteman Road in Andover, MA. The property spans nearly 26 acres and is situated within Minuteman Park, a corporate campus located 25 miles north of Boston. The sale was finalized for a total price of $67,300,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $67,300,000
• Square Footage: 380,000 SF
• Price Per Square Foot: $177
• Buyer: Jonathan G. Davis - The Davis Companies
• Seller: Peter M. Moglia - Alexandria Real Estate Equities
• Date of Transaction: 11/21/2024
• Market: Andover, MA
• Acres: 26

Jonathan G. Davis represented The Davis Companies in the transaction, while Peter M. Moglia represented Alexandria Real Estate Equities. This sale marks a significant movement in the R&D property sector within the region.