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Hilco Redevelopment Partners Purchases Suburban Boston Office Building

825 University Avenue in Norwood, Massachusetts has been an established piece of land in the suburbs right outside of Boston for some time. Originally used as a gravel pit in the1950s and a beverage dispenser manufacturing facility in the 1980s, many saw this property as a risk to take on due to the environmental impact the past two residents had imprinted on the site.

In 2016, Hilco Redevelopment Partners acquired the 169,000 square foot office building that now stands on 825 University Avenue.

Since purchasing the property, HRP has made major renovations to the property, including a new parking lot. The improved office space has drawn in tenants like Instron and Xcerra.