 (2).jpg)
News: Front Section
Posted: July 11, 2008
Denton of NAI Hunneman brokers $4.425m sale for The Hamilton Co.
NAI Hunneman has brokered the sale of 7 Perimeter Rd., a 122,335 s/f office building, for $4.425 million.
The buyer, Inex Properties, was represented by Chip Denton, senior vice president of NAI Hunneman, who brokered a direct deal with the seller, The Hamilton Co.
The single-level, mixed-use office building at 7 Perimeter Rd. is an almost fully occupied property situated adjacent to the Manchester-Boston Regional Airport.
"Its desirable location in Manchester combined with the quality of the tenants make the property at 7 Perimeter Rd. a real trophy," said Denton. "NAI Hunneman is excited to be part of the burgeoning New Hampshire commercial real estate market."
The property is located near I-93 and I-293, about 20 miles from both Concord and Nashua, and about 50 miles from Boston.
Tags:
Front Section
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.
Columns and Thought Leadership
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.
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.
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
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.
