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November 11, 2024

Ocular research firm moves HQ to Acton following $278K office condo purchase

NorthEast Eye Research Associates, an ocular-focused research practice based in Burlington, has purchased an Acton office condo for $277,500.   

The firm purchased a 24,000-square-foot office condominium at 179 Great Road on Oct. 24 from Castle Keep LLC of Acton, according to Middlesex South Registry of Deeds. 

NorthEast is involved in clinical trials focused on a variety of eye-related ailments, including dry eye syndrome, conjunctivitis, and glaucoma, according to its website. 

The condo will be home to NorthEast's new corporate headquarters, according to O’Brien Commercial Properties in Concord, which represented Castle Keep in the transaction.

Castle Keep, managed by Stephen Piotte of Stow, purchased the building for $275,000 in 2004, according to Registry records. The property was given a tax assessment value of $293,500 for 2024, according to Town of Acton property records. 

Eric Casey is a staff writer at Worcester Business Journal, who primarily covers the manufacturing and real estate industries. 

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