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February 23, 2023

Natick life science building sold for $3.5M

Photo | Courtesy of Kelleher & Sadowsky Future life-sciences facility at 19 Strathmore Road in Natick

A 7,676-square-foot life-sciences building at 19 Strathmore Road in Natick was sold on Feb. 14 for $3.5 million.

The buyer was CREH Andover, LLC, which is registered in Delaware and has a mailing address in New York City, according to the Middlesex South Registry of Deeds. The new owner will occupy the building as a life sciences user, according to Worcester real estate firm Kelleher & Sadowsky Associates who represented seller H & S Partners, LLC of Natick.

CREH Andover’s life sciences user will join several other life sciences companies on Strathmore Road in Natick, including the incubator ABI-LAB, ModeX Therapeutics, Delsys, and HebeCell.

The 19 Strathmore Road property was last purchased by H & S Partners in 2018 for $2.8 million.

The Town of Natick assesses the property at $1.7 million.

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