News: Northern New England

Harrington & Co. and Norton Asset Management sell two industrial properties totaling $3.345 million

18 Legends Drive - Hooksett, N.H.

 

Concord Industrial Park, 25 Chenell Drive - Concord, N.H.

 

Hooksett, NH Mike Harrington, Harrington & Company and Bill Norton, Norton Asset Management have teamed up to consult and represent the owners of  two industrial properties for a total of $3.345 million.

Harrington and Norton brokered the sale of 18 Legends Dr. in the sale of their property for $2.2 million.

18 Legends Dr. is a 42-acre, industrial-zoned property, that prior to the sale had been used as a recreational business consisting of a driving range, miniature golf course and batting cages.

The sale culminates an over 30 year relationship between Norton and the owners of the property/business whom Norton counseled over the years and during the initial stages of developing this property into a family owned business.

The property was purchased by Marmon Aerospace & Defense who received town approvals to build a new 80,000 s/f manufacturing facility.

The buyer was represented by Josh Robbie of Savills-US.

In a seperate transaction, Norton and Harrington sold 25 Chenell Dr., a 12,000 s/f industrial lab building on 2.24 acres in the Concord Industrial Park for $1.145 million.

The local investor who purchased the building has retained Harrington & Co. to market the property for lease.

The buyer was represented by Richard Danais, Danais Realty Group.

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