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Hendrie Lane Capital acquires Riverside Drive portfolio

PRIVATESep 24, 2026

Acquiring Company

Hendrie Lane Capital

Acquired Company

The Riverside Company

MassachusettsClevelandReal EstateFinancial ServicesFinanceVenture CapitalAngel Investment

Description

On September 24, 2026, Hendrie Lane Capital, alongside V12 Investments and The Zaro Group, announced the acquisition of a 170,771-square-foot R&D and advanced manufacturing portfolio in Andover, MA for $43.5 million. This marks the first investment under Hendrie Lane's new strategy focused on such properties. The portfolio is fully leased to established firms, indicating a strong market presence.

Company Information

Company

Hendrie Lane Capital

Location

Massachusetts, United States

About

Hendrie Lane Capital has over 25 years of experience investing in office, retail, and multifamily properties. They are now focusing on R&D and advanced manufacturing real estate. The firm aims to capitalize on growth opportunities in well-located commercial assets. Their investment strategy includes healthcare properties in partnership with specialists.

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Frequently asked

Who acquired The Riverside Company?

The Riverside Company was acquired by Hendrie Lane Capital, based in Massachusetts. The deal was reported on September 24, 2026. Hendrie Lane Capital has over 25 years of experience investing in office, retail, and multifamily properties. They are now focusing on R&D and advanced manufacturing real estate. Hendrie Lane Capital is privately held and operates in Real Estate.

When did Hendrie Lane Capital acquire The Riverside Company?

Hendrie Lane Capital's acquisition of The Riverside Company was reported on September 24, 2026. On September 24, 2026, Hendrie Lane Capital, alongside V12 Investments and The Zaro Group, announced the acquisition of a 170,771-square-foot R&D and advanced manufacturing portfolio in Andover, MA for $43.5 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Riverside Company do?

It is privately held, operating in Financial Services, and is based in Cleveland.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.