SOLD

Rivertech

129 Concord Road, Billerica, MA 1821

Property Overview

Rivertech is comprised of two two-story buildings. Rivertech I is 110,684 square feet and Rivertech II is 175,088 square feet. The property was fully renovated in the 1990s with new systems, mechanicals, roofs and facades as well as installation of back-up generation systems and other tenant improvements.

Rivertech is located in the heart of the Route 3 corridor, which is the primary highway connecting suburban Boston’s two highway loops. Beyond the outer loop road, Route 3 runs into southern New Hampshire.

Investment at a Glance

Location: Billerica, MA

Property Type: Office/R&D

Acquisition Date: February 20, 2008

Purchase Price: $45,200,000

No. of Buildings: 2

No. of Stories: 2

Square Footage: 285,772

$45,200,000 Total Purchase Price
285,772 square feet Total Rentable Area
Class A Building Class