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Peabody Medical Office Complex Sold for $6.5M

Nov 8, 2021 | Reprints | Print

Photo courtesy of JLL

A medical office center next to the North Shore Mall in Peabody has been acquired by a Beverly-based buyer for $6.46 million.

The 3-story, 67,544-square-foot 8 Essex Center Drive is 83 percent leased and located on an 8.2-acre parcel.

Bridgeton Properties will manage and lease the property, according to JLL which represented seller PGA Realty of North Andover and procured buyer Essex Drive Realty LLC, an affiliate of Symes Associates of Beverly.

JLL Senior Director Kerry Hawkins and Director Scott Carpenter led the team on the transaction.

B&T Daily