News: Northern New England

Rohrer and Martin of Colliers broker $8.63 million sale of 88,214 s/f building is on 18 acres at 14 Technology Dr., Bedford, NH

14 Technology Drive - Bedford, NH

Bedford, NH Colliers negotiated the sale of 14 Technology Dr. The 88,214 s/f building is on almost 18 acres. Formerly the headquarters for Segway, Inc., the building features 11 loading docks and a drive-in door.

Bob Rohrer and Doug Martin, of Colliers’ Manchester office, represented the seller, Segway, Inc., and procured the buyer, LSNE Contract Manufacturing, in the transaction.

“LSNE is always looking for opportunities to support our clients ongoing and growing demand. The purchase of this facility allows us the space to quickly expand our service offerings as part of our corporate growth strategy,” said Matthew Halvorsen
president.

LSNE Contract Manufacturing, a leading contract development and manufacturing organization (CDMO), purchased the property for $8.63 million, according to the Hillsborough County Registry of Deeds. The addition of a new pharmaceutical manufacturing facility will increase LSNE’s clinical and commercial drug product manufacturing capacity. New manufacturing production will create growth opportunities for current employees and bring new jobs to the state of New Hampshire.

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