Davis Acquires Advanced Research & Development Facility in Andover, MA

Deal News | Jan 14, 2025 | Davis Cos/The

Davis Acquires Advanced Research & Development Facility in Andover, MA

The Davis Companies has acquired a 308,970 square foot Class A advanced research and development and manufacturing facility located at 100 Minuteman Park in Andover, MA. This acquisition adds to Davis's growing portfolio of premium properties in tier 1 locations across the greater Boston region and the country. The facility currently serves as the headquarters for Straumann Manufacturing Inc. and Zwicker & Associates, two tenants with a longstanding presence at the site. Straumann specializes in dental implants and uses the facility for manufacturing and distributing its products in the Americas, while Zwicker focuses on debt collections and creditor representation. The building, known for its exceptional infrastructure, includes state-of-the-art amenities like a fitness center and ample power supply, offering considerable utility for its tenants. The property's strategic location near key interstate highways and its proximity to skilled labor further enhances its value. Newmark acted as a representative for the seller, who remains undisclosed.

Sectors

  • Real Estate
  • Healthcare
  • Legal Services

Geography

  • United States – The facility is located in Andover, Massachusetts, in the U.S., and the strategic acquisition pertains to U.S. industries and markets.

Industry

  • Real Estate – The acquisition involves a significant property investment and expansion of a real estate portfolio by the Davis Companies.
  • Healthcare – Straumann Manufacturing Inc., a leading developer of dental implants and related products, operates at the facility.
  • Legal Services – Zwicker & Associates, a law firm specializing in debt collections and creditor representation, is headquartered at the facility.

Financials

    Participants

    NameRoleTypeDescription
    The Davis CompaniesBuyerCompanyA private equity real estate investment firm acquiring advanced properties.
    NewmarkLegal AdvisorCompanyRepresented the undisclosed seller in the transaction.
    Straumann Manufacturing Inc.TenantCompanyA leading developer of dental implants, manufacturing at the facility.
    Zwicker & AssociatesTenantCompanyA law firm specializing in debt collections, headquartered at the facility.
    Undisclosed SellerSellerCompanyThe previous owner of 100 Minuteman Park, represented by Newmark.