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Educational Collaborative Buys Andover Office Property for $20.5M

Feb 17, 2021 | Reprints | Unlock Link | Print

Image courtesy of Stubblebine Co.

The CREST Collaborative has acquired a 130,000-square-foot office building in Andover for $20.5 million.

The two-story building was originally completed in 1984 and sits on a 13-acre property at 20 Shattuck Road.

CREST Collaborative, which provides programs for special needs students from the North Shore area, announced in October that it selected the Shattuck Road location for a new campus.

The Stubblebine Co. represented seller Carruth Capital as well as the buyer in the transaction. The property previously sold in 1995 for $7 million.

B&T Daily