News: Northern New England

Donahue & Assocs. sells 65,760 s/f class A multi-tenant commercial office building for $5.5 million

463 Mountain View Drive - Colchester, VT

Colchester, VT Steve Donahue of Donahue & Associates completed the sale of a 65,760 s/f class A multi-tenant commercial office building located at 463 Mountain View Dr. 

The building, which is situated on 4.25 acres, was sold to Acabay 463 WTH LP. The sellers, Park Place 2000 Associates, Inc., owned the brick commercial building since its construction in 1990. The building offers four floors of commercial space with views of both Lake Champlain and the New York State’s Adirondack Mountains.  Tenants include KPMG, Marsh & McLennan, Acadia Insurance and Liberty Mutual.

The sale price was $5.5 million.

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