News: Front Section

Brady Sullivan Properties purchases 147,000 s/f building and 16 acres abutting Manchester Regional Airport

Brady Sullivan Properties has acquired 1050 Perimeter Rd. This class A office and flex property directly abuts Manchester Boston Regional Airport and features 147,000 s/f of office space. The sale pricewas not disclosed. The multi-tenanted building is located on 16 acres with abundant parking and excellent exposure. Existing tenants include Stonyfield Yogurt, NDX, Edgewater Technology, and Black Box Network Services. Brady Sullivan has plans to make immediate improvements to the property including painting of the exterior, updating signage, renewing the landscaping, and renovating the common areas. "We're thrilled to expand our footprint into the commerce section near the Manchester Airport, which is really thriving. For a while we've had our eye on expanding our portfolio near the airport and this has provided an excellent opportunity. We look forward to hitting the ground running with our improvements and leasing activity" said owner, Arthur Sullivan. Brady Sullivan Properties owns over four million s/f of class A and industrial real estate in New Hampshire, including several properties in Manchester such as The Plaza at 1000 Elm, Waumbec Mill Building at 250 Commercial St., Jefferson Mill at 670 N. Commercial St., The Brady Sullivan Tower at 1750 Elm, and the R.G. Sullivan Building at 175 Canal St.
MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.