Business & Tech
Baker Ave Medical Office Building Sells for $24M
Harvard Vanguard's new digs have a new owner, reportedly.
New Jersey-based Normandy Real Estate Partners has sold the medical office building at 330 Baker Ave. Ext. to Cole Corporate Income Trust of Arizona for a reported $24.37 million.
That’s according to a recent report by Banker & Tradesman, which says Cushman & Wakefield’s Capital Markets Group represented Normandy in the sale of the 49,250-square-foot facility in West Concord.
The building is home to Harvard Vanguard’s new state-of-the-art medical facility, which opened last month.
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
According to a Harvard Vanguard blog post on Patch:
“This new building is truly unique in that a team of more than 100 staff and patients worked together using a Lean facility design process to plan their ideal medical facility. The new offices were created with a focus on how to best serve the needs of our patients while allowing staff to provide the highest level of medical care.”
Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.
The two-story building features pediatrics, a laboratory, pharmacy and radiology on the first floor, with internal medicine, behavioral health, a new visual services department and optical shop above.
Read more about the new Harvard Vanguard Medical Associates facility here.Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.