Ciminelli Real Estate Corporation Acquires Office Property In Andover, MA For $12.4M

Located in Andover, MA, the property at 6 Riverside Dr was recently sold in a closed transaction. The 8.6-acre office asset was purchased by Ciminelli Real Estate Corporation, represented by Christopher Neelon and Ryan Zebro, for a total of $12,400,000. The property spans 78,000 square feet, resulting in a price per square foot of $159.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $12,400,000
• Address: 6 Riverside Dr
• Market: Andover, MA
• Acres: 8.6
• Buyer: Ciminelli Real Estate Corporation - Christopher Neelon & Ryan Zebro
• Square Footage: 78,000
• Price per Square Foot: $159

Christopher Neelon and Ryan Zebro from Ciminelli Real Estate Corporation played key roles in the transaction, acting as the buyer's representatives. Their involvement highlights the significance of their expertise in the deal.