New England Business Center in Andover Now 96 Percent Occupied Following Leasing Activity Brokered by Hunneman
Class-A office park with best-in-class amenities and convenient location nears full occupancy amidst a competitive market
ANDOVER, MA (March 31, 2025) – Hunneman, New England’s premier, full-service commercial real estate provider, has helped to achieve an occupancy of 96 percent at the New England Business Center (NEBC) in Andover, Massachusetts, following the completion of nine leases brokered on behalf of landlord Andover MCB, LLC and its property manager, Eastport Real Estate Services, a leading property management and consulting firm. Signed over the course of the last 18 months, the nine new leases represent a combined 40,420 square feet.
“The level of occupancy speaks to the first-class space and quality of amenities at the New England Business Center,” said Chris Curley, an Executive Vice President with Hunneman. “In a challenging office market, tenants are more consciously looking for locations that accommodate their work, lifestyle, and wellness needs. Having ownership that is truly hands-on and invested in providing a premier office experience for their tenants is essential, they have really separated themselves and the assets from the competition.”
New England Business Center is home to a wide array of tenants, from small firms to national insurance providers. Within the last 18 months, new tenants include TEC Refresh, Cascodium, Agri Mark, Northwestern Mutual, Merrimack Valley Psychological Associates, Oxford Global, Old Republic Title, and NECC.
“We are thrilled with the leasing activity Hunneman has generated. Ken Oppenheim and Chris Curley have done a tremendous job in a very challenging office market,” said Bob Bowen, President of Eastport Real Estate Services. “The Eastport team led by Kim Anderson, was instrumental in not only closing the deals, but delivering the spaces to the tenants on time and on budget. The feedback from the tenants on the process and the end result, has been exceptional.”
NEBC is a Class-A office park with 260,000 square feet of space, including 18,000 square feet of amenities, across five buildings located at 10, 15, 18, 20 and 35 New England Business Center in Andover. Notable amenities include on-site daycare at 15 NEBC, 9,000 square feet of fitness space featuring on-site personal training and daily workout classes. Tenants of NEBC also can enjoy ease of access to 14 miles of walking trails along the Merrimack River.
NEBC offers ample meeting spaces, including common conference rooms, as well as a full-service cafeteria and café with indoor and outdoor seating. The location provides convenient access to Interstates 93 and 495, Route 128, and the Merrimack Valley Regional Transportation Authority.
The owner of New England Business Center, Andover MCB, LLC, was represented by Hunneman’s North Suburban team of Chris Curley and Ken Oppenheim for these recent transactions.
About Hunneman
Hunneman is New England’s premier, full-service commercial real estate provider. Since 1929, Hunneman has supplied leasing and advisory, property management, appraisal and consulting, capital markets, investment sales, and research and marketing services to its broad portfolio of clients throughout New England. With over 12 million square feet of office, industrial, flex, multifamily, and retail properties under management, and $3.6 billion in sales across over 800 transactions, Hunneman is the largest independently owned firm in Boston. For more information and updates on Hunneman, visit www.hunnemanre.com, or follow along on LinkedIn, Instagram, X (formerly known as Twitter), and Facebook.
About Eastport Real Estate Services
Eastport Real Estate Services is a leading real estate management company dedicated to providing exceptional property management services to clients across New England. With a focus on integrity, innovation, and client satisfaction, we strive to exceed expectations and deliver tangible results for property owners and tenants alike. For more information, visit www.eastportrealestate.com.
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Julianne Hester
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