REBusinessOnline

Torrington Properties Acquires 102,000 SF Newington Park Shopping Center in New Hampshire

NEWINGTON, N.H. — Torrington Properties, an investment firm with offices in Boston and Durham, New Hampshire, has acquired the 102,000-square-foot Newington Park Shopping Center. The property is located in the southern coastal part of the Granite State and sold for $13.3 million. The seller, Urstadt Biddle Properties Inc., had owned the 15-acre center since 1979. Torrington Properties purchased the asset in partnership with regional development and investment firm The Mount Vernon

Empire Moulding & Millwork Signs 217,000 SF Industrial Lease in Amherst, New Hampshire

AMHERST, N.H. — Empire Moulding & Millwork, a division of Novo Building Products, has signed a 217,000-square-foot industrial lease in Amherst, located outside of Nashua in the southern part of the Granite State. The facility is expected to open in the fourth quarter and to employ at least 70 people. Novo Building Products is a Michigan-based manufacturer and distributor of stair parts, mouldings, doors and specialty millwork, along with a variety of board

Horvath & Tremblay Negotiates $14.9M Sale of Retail Property in Hooksett, New Hampshire

HOOKSETT, N.H. — Horvath & Tremblay, an investment sales brokerage firm serving New England, has negotiated the $14.9 million sale of a two-unit retail condo in Hooksett, located just outside Manchester in Merrimack County. The property consists of a 153,430-square-foot building that was built on 25.2 acres in 2007 and is now occupied by Walmart and a 139,790-square-foot building that was constructed on 17 acres in 2008. The original occupant of the smaller of the two buildings, Lowe’s …

Brady Sullivan Acquires One Granite Place Office Campus in Concord, New Hampshire

CONCORD, N.H. — New Hampshire-based investment firm Brady Sullivan Properties has acquired One Granite Place, an office park that consists of two interconnected mid-rise buildings that are situated on a 181-acre wooded campus. The new ownership plans to implement a value-add program at the 114,000-square-foot South Tower, which was vacant at the time of sale. The seller and sales price were not

Marcus & Millichap Brokers Sale of 271,008 SF Warehouse in Peterborough, New Hampshire

PETERBOROUGH, N.H. — Marcus & Millichap has brokered the sale of Vose Farm Business Center, a 271,008-square-foot warehouse in Peterborough, located in the southern-central part of the state. The asset sold for roughly $10.8 million. Vose Farm Business Center is situated on 79.2 acres, features clear heights of 14 to 22 feet and has been renovated since its original construction. Harrison Klein and Luigi Lessa of Marcus & Millichap, along with Andy Peterson of Four Seasons Sotheby’s …

JLL Negotiates $11.5M Sale of Retail Building in Franklin, New Hampshire

FRANKLIN, N.H. — JLL has negotiated the $11.5 million sale of a 51,230-square-foot retail building leased to Hannaford Supermarket in Franklin, located north of Manchester. The grocer has occupied the 11.5-acre property, which has the capacity to support 13,000 square feet of new development, for 30 years and recently extended its lease. Nat Heald and Chris Angelone of JLL represented the undisclosed seller in the transaction. The buyer was also not

BentallGreenOak Acquires 700,000 SF Industrial Portfolio in Massachusetts, New Hampshire

NEW YORK CITY — New York City-based institutional investment firm BentallGreenOak has acquired a portfolio of nine industrial buildings totaling approximately 700,000 square feet in New England. The properties are located in Wilmington and Billerica, Massachusetts, and Londonderry, New Hampshire. Chris Skeffington and Scott Dragos of CBRE represented the seller, Novaya Real Estate Ventures, and also procured BentallGreenOak as the buyer. The portfolio was 94 percent leased at the time of

Marcus & Millichap Brokers Sale of 391-Unit Self-Storage Facility in Brentwood, New Hampshire

BRENTWOOD, N.H. — Marcus & Millichap has brokered the sale of Creative Self Storage, a 391-unit facility in Brentwood, located in the southern part of the state. The property features 58,064 net rentable square feet across 357 non-climate-controlled units and 34 climate-controlled units. Nathan Coe, Brett Hatcher, Gabriel Coe and James Koury of Marcus & Millichap represented the seller in the transaction. Additional terms of sale were not

NAI Norwood Negotiates Sale of 321-Unit Self-Storage Facility in Hudson, New Hampshire

HUDSON, N.H. — NAI Norwood Group has negotiated the sale of Hudson Self Storage, a 321-unit facility in Hudson, located outside Nashua near the New Hampshire-Massachusetts border. The property totals 39,825 net rentable square feet. Joseph Mendola of NAI Norwood represented the undisclosed seller and the institutional buyer in the transaction. The sales price was $4.8

CBRE Arranges $69.2M Sale of Timberwood Commons Apartments in Lebanon, New Hampshire

LEBANON, N.H. — CBRE has arranged the $69.2 million sale of Timberwood Commons, a 252-unit apartment community in Lebanon, located in central New Hampshire. The property consists of five three-story buildings on a 42.6-acre tract. Units feature studio, one-, and two-bedroom floor plans with an average size of 847 square feet. Amenities include a clubhouse, business center, community room, fitness center and a dog park. Simon Butler, Biria St. John and John McLaughlin of CBRE represented the …

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