Connolly Brothers Expands Footprint with Major Office Acquisition in Beverly, MA

Connolly Brothers Adds New Office Location in Beverly, Massachusetts

Connolly Brothers Inc., a well-known construction management firm, has announced its acquisition of a significant property at 75 Sam Fonzo Drive in Beverly, Massachusetts. This 160,000-square-foot office building, which features four stories, is located within the Cherry Hill Industrial Park. The acquisition aligns with Connolly's strategy to expand its real estate portfolio while emphasizing sustainable growth in the North Shore area.

The Vice President of Real Estate and Development at Connolly Brothers, Thad Minshall, expressed excitement about the purchase. He noted, "We are thrilled to add 75 Sam Fonzo Drive to our real estate portfolio. The acquisition offers multiple opportunities to reposition the property by renovating the existing office building for a new tenant or redeveloping the property as a build-to suite for a new use." He also highlighted that the site spans 38 acres, making it one of the few available spaces on the North Shore that offers such a combination of accessibility and size necessary for significant development.

Interestingly, Connolly Brothers has a long history with the property. The firm was responsible for designing and constructing the facility that now stands as a build-to-suit for Electric Insurance Company back in 2001. More than twenty years later, Connolly Brothers is excited to take on the challenge of repositioning the currently vacant building.

The location of the property is ideal for future tenants due to its central positioning with immediate access to Route 128, Beverly Airport, and proximity to a local commuter rail station, all of which enhance its appeal. The office building provides a range of top-tier amenities including an on-site fitness center, locker rooms, a commercial kitchen, a cafeteria with banquette seating, and an expansive outdoor patio area featuring a basketball court. These facilities underscore Connolly's commitment to providing high-quality environments for businesses and their employees.

There are additional plans for the property that suggest both convenience and functionality. The potential for future expansion of the existing building could cater to a variety of business needs, making it a sought-after location for companies looking for a new office space.

The transaction was finalized on August 22, 2025, marking a significant step for Connolly Brothers as they continue to enhance their role in the real estate market in New England. As their reputation in the sector grows, the company maintains a focus on responding to market demands for sustainable and innovative spaces.

For anyone looking for more information about Connolly Brothers or the details of the purchase, you can visit their website or the dedicated site for the property at 75SamFonzo.com.

Founded in 1880, Connolly Brothers Inc. has established itself as a reputable construction management firm, serving a diverse clientele in commercial, industrial, and institutional sectors. With over a century of experience, the family-run business continues to be a reliable choice for construction projects across New England, from initial planning and design through to real estate development.

For further media inquiries, Julia Kelley at Connolly Brothers can be reached at 978-927-0053, ext. 328 or via email at [email protected].