Concord Office Park Sold For $63.6M


Banker & Tradesman
January 10, 2017

Boston-based Novaya Real Estate Ventures has acquired 300 Baker Ave. in Concord from Normandy Real Estate Partners for $63.6 million.

The 413,415-square-foot complex recently underwent capital improvements including lobby renovations and updated common areas, amenity spaces and building systems.

Newmark Grubb Knight Frank’s Robert Griffin, Edward Maher, Matthew Pullen and Samantha Hallowell represented Normandy in the transaction. NGKF’s David Douvadjian and Brian Butler obtained financing for Novaya and NGKF has been retained as leasing agent, led by Torin Taylor.

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