American Healthcare Investors pays $15.5m for One Park Way

17 September 2019

American Healthcare Investors acquired One Park Way, a medical office building in Haverhill, Massachusetts, for $15.5m. Totaling 63,539 sq ft, the building is currently fully leased to six tenants anchored by Partners Community Physicians Organization, a regional multi-specialty provider. Newmark Knight Frank represented the seller, Pentucket Medical Realty Limited Partnership.

ā€œKnown locally as the Pentucket Medical Center, One Park Way is the Merrimack Valley’s most recognizable healthcare address,ā€ said Michael Greeley, senior managing director at NKF. ā€œThe purpose-built medical office building boasts an efficient layout for a wide variety of healthcare practices and features a full range of clinical specialties with significant tenant investment. The asset has been a flagship location for Pentucket Medical Associates since its development in the late eighties.”

Example banner for displaying an ad. It can be higher.