News: Northern New England

R.J. Finlay acquires 112,000 s/f Indian Head Plaza

R.J. Finlay & Co. has added the 112,000 s/f Indian Head Plaza to its portfolio of investment properties. Developed in 1983 as the corporate headquarters for Indian Head Bank, Indian Head Plaza, at 30 Temple St., R.J. Finlay acquired the site on June 1 for $4.3 million after the building's largest tenant chose to consolidate nearly 40,000 s/f of its operations to owned facilities. The sale was brokered by the New Hampshire office of Cushman & Wakefield. R.J. Finlay will now work to lease the remaining commercial space and continue to provide a business environment in keeping with the site's prestigious address. It will also look to play an active role in the downtown Nashua business community, not only bringing new life to the building, but working closely with local officials and neighbors to help revitalize that part of the city. "Indian Head Plaza represents one of the most important real estate opportunities to come along in quite some time - a setting with truly regional implications for commerce in New Hampshire and Massachusetts," CEO Robert Finlay said. "We are excited to be part of a project we know will create additional draw for an already remarkable downtown and provide substantial, measurable benefit to residents and business owners for many years to come." Indian Head Plaza joins Hampton's One Liberty Lane and Bedford's 166 S. River Rd., the former headquarters of AAA Northern New England, as the latest landmark New Hampshire property R.J. Finlay & Co. has acquired and will offer as premier Class A office space. With access via four exits off of Rte. 3/F.E. Everett Turnpike, the custom-built structure features a soaring three-story atrium lobby, rich interior finishes of oak, brick and glass, telecommunications infrastructure, and an on-site structured garage and parking lot.
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