ADOBE SYSTEMS TO ACQUIRE OVERLOOK CENTER

by admin

WALTHAM, MASS. — Adobe Systems has entered into a purchase and sale agreement with Normandy Real Estate Partners to purchase Overlook Center in Waltham upon substantial completion. Located at 21-61 Hickory Dr., the approximately 108,500-square-foot building is slated for completion May 2009. The transaction, valued at $44.7 million, is subject to the agreement’s closing conditions.

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