News: Northern New England
Posted: May 4, 2010
Martin and DeStefano of G&E|Coldstream sell 12,300 s/f industrial building-$2.05 million
Grubb & Ellis|Coldstream Real Estate Advisors, Inc. has sold 660 Gold St. to 725 Gold St. Storage and Warehousing, LLC.
Occupied on a long term lease by Sunbelt Rentals, Inc., the building is a 12,300 s/f building on 2.13 acres located across from the recently approved Walmart Supercenter project on Gold St.
Doug Martin and Jim DeStefano of G&E|Coldstream's Bedford office represented the seller, 660 Gold St. Properties, LLC. Ron DeCola represented the buyer in the sale. According to the Registry of Deeds, the sale price was $2,050,000.
The property, which was formerly owned and used as a vehicle maintenance and repair facility by Public Service Company of NH, was sold by Martin and DeStefano on behalf of W&E Realty, LLC to 660 Gold St. Properties, LLC in October 2009 after securing a long term lease with Sunbelt Rentals for the property at that time.
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