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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

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Deal Highlights

  • A2 credit rated anchor tenancy

    A2 credit rated anchor tenancy

  • Off-market transaction

    Off-market transaction

  • Acquired in 2023

    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 $10M of renovations to improve the patient experience throughout the property.

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