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.
“Known locally as the Pentucket Medical Center, One Park Way is the Merrimack Valley’s most recognizable healthcare address,” said Michael Greeley, senior managing director at NKF. “The 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.”
