Shattuck Office Center
Andover, MA

On December 22, 2005, Meritage acquired Shattuck Office Center, a 62,806 SF class A office building located on River Road in Andover, Massachusetts. Constructed in 1984 and recently renovated, Shattuck offers many advantages including flexible floor plates to accommodate tenants seeking anywhere from 1,000 to 10,000 SF of space. Shattuck also boasts a renovated, spacious granite lobby featuring a two-story atrium and monumental stair with surrounding molded glass side panels. During our 18 months of ownership, we have fully replaced the roof of the building, and upgraded the HVAC system. The building is currently approximately 83% leased to a diverse group of credit tenants, including John Hancock and Yankee Alliance, together with several small software development and support companies.

Shattuck is ideally located immediately off of Exit 45 on I-93. The property is equidistant between downtown Boston and Manchester, New Hampshire, both being only 23 miles away. This location creates a diverse submarket where successful startup, spin-off, and non-traditional businesses can sit alongside corporate giants. As one of the only buildings in the area that caters well to tenants needing less than 10,000 SF, Shattuck Office Center has become the small-tenant building of choice in this market.

For Further Information Contact:

Meritage Properties
(Owner) (914) 723-3533

Paradigm Properties
Alyson Weis
(Manager) (617) 933-8236

CB Richard Ellis
Jason Levendusky
(Leasing Agent) (617) 867-2474
jason.levendusky@cbre-ne.com