Novaya Partners with Hawk Properties in a $13.25M recapitalization of two office/flex buildings

April 3, 2017 News

Lowell, MA – Novaya in a joint venture with Hawk Properties entered into a recapitalization of 10 Technology Drive and 55 Technology Drive located in Lowell, MA. The two assets were initially acquired back in 2012 and total 146,696 square of office/R&D space. The portfolio is currently 84% occupied by a strong roster of tenants, including Evoqua Water Technologies, Borrego Solar and Lowell General Hospital.