realestate

Davis Expands Operations with Strategic Acquisition in Andover

The Davis Companies Acquires 308,970 SF Research Facility in Andover, MA.

T
he Davis Companies has acquired a 308,970 SF Class A research and development facility at 100 Minuteman Park in Andover, MA. This purchase expands Davis's portfolio of premier R&D properties in top-tier locations with ample power.

    According to Cappy Daume, Chief Portfolio Management Officer at Davis, the building's exceptional infrastructure aligns with their commitment to investing in high-quality properties that provide long-term value for tenants developing innovative products. The facility serves as headquarters for Straumann Manufacturing Inc. and Zwicker & Associates, both of which have been there nearly 20 years.

    Straumann is a leading developer of dental implants and biomaterials, while Zwicker specializes in debt collections and creditor representation. Anthony R. Cigliano, Senior Director at Straumann, praised the building's multifunctional capabilities, infrastructure, and location, which have enabled their growth as a global leader in the industry.

    100 Minuteman Park offers updated amenities such as an interior courtyard, fitness center, and café, along with attractive infrastructure including 9,600 amps of power and five loading docks. The property benefits from access to a renovated amenity center at 200 Minuteman Park, featuring a full-service cafeteria, game room, and fitness center.

    Located near the New Hampshire border and 25 miles north of Boston, the facility offers convenient access to interstate highways I-93 and I-95, connecting tenants to key business hubs in the region.

Davis expands operations with strategic acquisition in Andover, increasing market presence.