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24-32 Newton Street
Southborough, Massachusetts
Investment Summary
TPI acquired this core plus MOB in July 2023 marking Thomas Park’s third acquisition in the Boston MSA. The building is anchored by Reliant Medical Group along with UMass Memorial and Walgreens. The building will undergo over $20M of renovations to improve the patient experience throughout the property.
Deal Highlights
A2 credit rated anchor tenancy
Off-market transaction
Acquired in 2023
Property Details
Type:
-
Leasable Area:
121,000 SF
Land Size
8.65 Acres
Built/Renovated:
1988/2010
Aquired:
2023
Strategy:
Core Plus
Source:
Off Market
Investment
Realized
Additional Photos
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