A Quad of Leases Completed by CBRE at Two Andover Buildings for Life Science Cos.
December 04, 2025
ANDOVER — CBRE has completed four leasing assignments, totaling 101,144 SF at 300 and 600 Federal Street, a two-building complex recently redeveloped to accommodate office, life science, and R&D companies, in Andover, MA.
The CBRE team of Dom Domoretsky, Alex Plaisted, and Jack Scribner represented the ownership, a partnership between Celera Properties and True North Management Group, in the dealmaking.
The recent leases include 54,172 SF of new leasing and 46,972 SF of renewals. Among the new tenants at 600 Federal Street, Technology Greenhouse has relocated its operations from Woburn to the building’s newly built-out lab space. At 300 Federal Street, Integrated Gastroenterology Consultants (IGC) is opening a state-of-the-art surgical suite.
“Andover is a dynamic market with a mix of R&D, life science, office and medical users, and the redevelopment of 300 and 600 Federal Street has created a compelling location that can meet the needs of these companies,” said Domoretsky. “We are thrilled to have completed these new leases and renewals at the complex.” Brian Carlisle of Celera Properties added that “our Andover properties have bucked the trends of softness elsewhere in the market by offering a high-quality, high-value option for companies with a variety of needs in an economically thriving campus – we are thrilled to be partners with our tenants in their success.”
300 and 600 Federal Street are located in Andover Technology Park, directly off Interstate 93 and River Road, with convenient access to a large labor pool and two airports, and are a short drive to major hubs such as Kendall Square, which is ~30 minutes away. The complex has upgraded electrical service, natural gas service, backup power, loading docks, gravity-fed pH rooms, and other features supporting life science and R&D users. Amenities of the property include a new lobby, renovated fitness center, new grab-and-go café, updated outdoor and courtyard seating, and outdoor walking trails.
