Core Plus
24-32 Newton Street
Southborough, MA
OVERVIEW
Location:
24-32 Newton Street
Year Built/Renovated:
1988/2010
Total Leasable Area:
121,000
Land Size:
8.65
Deal Highlights
-
A2 credit rated anchor tenancy
-
Off-market transaction
-
Acquired in 2023
Description
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.