North Andover Development

North Andover is a 13,500 SF retail development at a premier corner location in North Andover, MA, at the busy intersection of Route 114 and Route 125, directly across from Merrimack College. Crosspoint acquired the site and executed a full site transformation, demolishing the existing 33,640 SF Ethan Allen furniture store and constructing two modern retail pads, finalized 12 months from acquisition. The property was secured with long-term leases to Chase Bank, Starbucks, and ConvenientMD prior to closing, ensuring predictable income and reducing typical ground-up development risk.