Elizabeth Drive

Properties

Elizabeth Drive

Elizabeth Drive is a 91,476-square-foot office and R&D property in Chelmsford, Massachusetts, occupied by Arrow Interventional, Inc. Located within Altid Business Park, the property supports specialized manufacturing, clean room production, laboratory, warehouse, and office uses, with convenient access to Route 3 and Greater Boston.

Property Details

Address

16 Elizabeth Drive
Chelmsford, MA

MSA

Boston/NE

Property Type

Office/R&D

Strategy

Core

Size

91,476 Square Feet

Primary Tenant

Arrow Interventional, Inc.

Acquired

August 10, 2026
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Highlights & Amenities

The Property is located within Altid Business Park, a 1.93 million square foot master-planned campus, with strong tenant demand and institutional ownership.

The park is home to a diverse roster of tenants including Thermo Fisher Scientific, Brooks Automation, Analog Devices, and Datacon, among others, representing a concentration of leading semiconductor, advanced manufacturing, and life science users.

This tenancy mix reinforces the park’s position as a high-quality, innovation-oriented employment hub and supports long-term tenant demand.

The Property supports a combination of specialized manufacturing, clean room production, laboratory, warehouse, and office uses that are integral to the tenant’s medical device operations.

The building features a functional and flexible layout, including high-bay loading areas, clean room space, modern HVAC systems, and robust electrical infrastructure suitable for advanced manufacturing and R&D users.

Located approximately 25 miles north of downtown Boston, the Property benefits from immediate access to Route 3 and proximity to Interstate 495, Interstate 95, and Interstate 93, providing connectivity to Greater Boston and Southern New Hampshire.

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