NAI Hunneman brokered the sale of Olde Andover Village, a 55,000 s/f apartment, retail and office building, for $7.4 million.
NAI Hunne-man executive vice presidents and principals David Ross and Robert Tito along with sales associate Gina Barroso represented the seller, OVA Realty Trust, and procured the buyer, Lincoln Essex Capital LLC, in the transaction.
"Old Andover Village is an excellent first purchase for Lincoln Essex Capital," said Tito. "The asset offers a great location with tremendous upside potential."
Olde Andover Village is located near the grounds of Phillips Andover Academy and abuts the town's public parking lot.