News: Northern New England

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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PROCON and Hitchiner break ground on 57,000 s/f shared services operations facility

Milford, NH Hitchiner, in partnership with PROCON’s integrated design and construction team, has officially broken ground on a new 57,000 s/f shared services operations facility at its Elm St. campus. This building will house value-added services used across Hitchiner’s various business units,
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