Rhino Capital Advisors Acquires Andover, MA Office Buildings For $58M From Peakstone Realty Trust

Rhino Capital Advisors has acquired two Class A office and R&D buildings located at 6 Technology Drive in Andover, MA, for a total of $58 million. The properties were purchased from Peakstone Realty Trust. The transaction was completed on July 26, 2023.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $58 million
• Square Footage: 128,400 SF
• Price Per Square Foot: $211
• Address: 6 Technology Drive, Andover, MA
• Market: Andover, MA

The deal was facilitated by the brokerage firm Newmark, with Robert Griffin, Matthew Pullen, and Samantha Hallowell representing Rhino Capital Advisors as the buyers. The sellers, Peakstone Realty Trust, were also represented by the same team from Newmark.