GRUBB & ELLIS|COLDSTREAM BROKERS $2 MILLION INDUSTRIAL SALE

AMHERST, N.H. — The Bedford, N.H., office of Grubb & Ellis|Coldstream Real Estate Advisors has brokered the sale of an approximately 38,380-square-foot warehouse facility, located at 9 Columbia Dr. in Amherst, for $2 million. The approximately 5-acre property formerly served as the sales and distribution facility for Atomic Ski USA. Future plans include a majority of the facility serving as the new headquarters of Skillings & Sons, which will consolidate its existing Hollis and Brookline, N.H., operations. The company plans to take occupancy in early 2009. Jacob Akers, Jim DeStefano and Neal Barrett of Grubb & Ellis|Coldstream represented the seller, Ogden, Utah-based Atomic Realty Corp. The trio also procured the buyer, 9 Columbia Drive Realty Holdings LLC.
In addition, Grubb & Ellis also arranged the leasing of an additional 18,182 square feet within the warehouse. Grubb & Ellis|Coldstream represented the new ownership in leasing the space to locally based Preforms Plus. Terms of the lease were not disclosed.