Novogradac Expands With New Andover Location

10/30/17

Novogradac & Company LLP, a certified public accounting and consulting firm with more than 20 locations nationwide, will open its second office in Massachusetts in November. The firm recently leased a 5,200-square-foot space at 40 Shattuck Road in Andover with Cummings Properties,101 Arch Street in Boston.

Novogradac serves a broad range of industries, with an emphasis in the real estate sector. The firm provides publicly and privately held national enterprises with audit, tax, valuation, expert witness and litigation support, property compliances, and general consulting services. The more than 25-year-old company also works extensively in the affordable housing, community development, historic preservation, and renewable energy fields.

“Strategically, Andover is a good fit for Novogradac,” said Cummings Properties leasing director Mike Truesdale, who worked on the lease with Robert LeClair of Boston Realty Advisors. “With Shattuck Road being so easily accessible from the highway, it extends the firm’s reach farther north along the I-93 corridor and into other New England markets.”

Cummings Properties acquired the 120,000-square-foot three-story commercial building in June. The first-class office/R&D building is in a well-known business community at the intersection of I-93 and River Road, across from Minuteman Park. In addition to Novogradac, other Andover-based leasing clients include Agri-Mark/Cabot Creamery, Woodard & Curran, and Caradigm.

Cummings Properties’ portfolio of 11 million square feet of prime space accommodates offices, healthcare facilities, labs, restaurants, retail storefronts, warehouses, co-working spaces, executive suites, and more. With a portfolio of this size and variety, the firm can meet almost any commercial real estate need from 150 square feet to 300,000 square feet. Its in-house experts in design, construction, and property management offer “one-stop shopping” for leasing clients.