Harvest Properties Acquires Concord Medical Facility

Full service commercial real estate firm Harvest Properties today announced that it has purchased a 152,000 square foot office, R&D and industrial facility in Concord from Siemens, and intends to overhaul and expand the property for new tenant Fresenius Medical Care North America FMS, the largest provider of dialysis products and services in the U.S. Fresenius currently operates manufacturing and production facilities in Walnut Creek and Pittsburg, whose employees will relocate to the new Concord location following two phases of large scale redevelopment of the property. The new Concord site will serve in the same capacity. Fresenius is headquartered in Waltham, Mass.