Reported Sep 22, 2026 · Source: Bisnow
3 & 6 Riverside Dr is a flex sale in Route 128 / I-93 North, Boston. Other details we have: buyer Hendrie Lane Capital, V12 Investments and The Zaro Group; seller Ciminelli Real Estate Corp.; price $43.5M; size 170,771 SF. Bisnow reports: “The buildings span 171K SF of R&D and advanced manufacturing space at 3 and 6 Riverside Drive, about 25 miles north of Boston.” Bisnow reports: “Hendrie Lane Capital, in partnership with V12 Investments and The Zaro Group, paid $43.5M for a two-building, 16-acre property in Andover from Ciminelli Real Estate Corp., Hendrie Lane told Bisnow.”
Quoted from the article; the other facts come from our own deal listing.
Read the full report at Bisnow. What the article says:
The buildings span 171K SF of R&D and advanced manufacturing space at 3 and 6 Riverside Drive, about 25 miles north of Boston.
“Riverside Drive is exactly the kind of asset we built this strategy around: well-located, high-quality, well-maintained buildings, acquired at a significant discount to replacement cost and to historical market pricing, and leased long-term to time-tested tenants who have invested heavily in their space,” Hendrie Lane principal Tony Calabrese said in a statement.
Hendrie Lane Capital, in partnership with V12 Investments and The Zaro Group, paid $43.5M for a two-building, 16-acre property in Andover from Ciminelli Real Estate Corp., Hendrie Lane told Bisnow.
Hendrie Lane Capital and its partners bought the Andover asset as part of a new strategy focused on manufacturing and research and development properties.
Article date: 2026-09-22T17:54:22-04:00
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