IRA Capital, LLC


Siemens Healthcare Point of Care Diagnostics Business Unit


2 Edgewater Drive, Boston, MA, 02062


Life Science



The 98,157 SF, two‐story office building is located on 7.11 acres in Brookside Office Park in Norwood, Massachusetts. Built in
1987 and extensively renovated in 2014, which included a roof replacement, a parking lot replacement, and a HVAC upgrade,
the property is conveniently located on the southbound side of Route 1 and less than two miles from Interstate 95, providing
easy access for workers traveling from all areas of Greater Boston and Rhode Island. As demand for the overall market
gravitates towards properties with solid surrounding retail and residential environments to satisfy the popular “live‐work‐play”
paradigm, the property is well‐positioned due to its proximity to the retail stretch of Route 1 and the brand‐new mixed‐use
developments of University Station in Westwood and Legacy Place in Dedham.

Siemens has occupied 2 Edgewater Drive since 2006 after its purchase of Bayer Diagnostics in an effort to continue to meet the
growing demand for healthcare services. As the sole tenant of 2 Edgewater Drive, Siemens houses approximately 300
employees at this location and uses its 98,157 SF of space for engineering, research & development, and customer service for
its Healthcare Diagnostics division.

2 Edgewater Drive is strategically located just one mile from Siemens’ 522,000 square foot manufacturing facility on Coney Street which focuses on manufacturing/production versus engineering/R&D at the 2 Edgewater


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