News: Northern New England

Pascucci and Dano of SVN|Masiello sell 41 Simon St. for $6 million to Loon Island Realty

Nashua, NH SVN|Masiello has completed the sale of 41 Simon St. This 73,768 s/f industrial building was sold to Loon Island Realty, LLC for $6 million. The fully leased space is home to companies such as Mass Design Inc., On Shore Assembly, and Veritas Performance Training. The space is suitable for many uses with a shared cafeteria and conference rooms for all tenants.

Chris Pascucci of SVN|Masiello Commercial represented the seller, Tanguay Avenue, LLC. The buyer, Loon Island Realty, was represented by Brian Dano, also of SVN|Masiello. For the past five years Pascucci has represented Tanguay Ave. LLC in the capacity of leasing representative. When Loon Island Realty was seeking a broker in their search for this type of asset, they chose Dano and the tools and resources available to him as a member of the SVN|Masiello team. As their search with him got underway, the collaborative nature of SVN|Masiello allowed Pascucci and Dano to make this off market sale and benefit both of their clients.

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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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