CBRE/New England recently announced the completion of over 145,000 square feet in leases at Brickstone Square in Andover in partnership with KS Partners and Oaktree Capital.

The deal for the most recent and largest lease under the new team totaled over 60,000 square feet and included an expansion of 17,000 square feet.  The lease was for Broadcom, semiconductor manufacturing company.

“Coming off its strongest year since 2001, Andover continues to see improving market conditions and an influx of new capital,” said Kerry Olson Hawkins, who represents ownership in leasing, in a statement. “Companies like Broadcom continue to choose the Andover market due to its national reputation, unparalleled highway access and diverse labor pool. Oaktree Capital and KS Partners’ commitment to reinvesting in the property speaks to their dedication to attracting quality tenants like these.”

Other leases included a 29,000 square foot renewal with ORA, an independent, ophthalmic clinical research and product development firm; 20,500 square feet to Northeast Document, an independent document conservation laboratory; 16,250 square feet to ALKU, an SAP recruitment and PeopleSoft recruiting agency; 11,000 square feet to Lease and Rental Management Corp., an automotive financing service provider for franchised and independent auto dealers; 6,700 square feet to Cairnstone (Munich Re Stop Loss), a provider of risk management services and stop loss products; and 4,000 square feet to NDD Medical, a Switzerland-based developer and distributor of spirometry products.

Brickstone Square is a 1,006,000 square foot, four-building office complex spanning

from 100-400 Brickstone Square near Interstates 93 and 495.

CBRE/NE Completes Over 145K SF In Leases At Brickstone Square

by Banker & Tradesman time to read: 1 min
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