News: Northern New England
Posted: March 6, 2008
Scanlon of Grubb & Ellis|Coldstream sells 40,000 s/f Gosselin Plaza for $2.335 million
Grubb & Ellis|Coldstream Real Estate Advisors, Inc. has brokered the sale of Gosselin Plaza, a 40,000 s/f retail plaza located at 270 Amory St. on the west side of the city. The building is nearly 100% occupied, with tenants such as Garden Island Laundromat, Hillside Restaurant, Crossroads Convenience Store, American Flooring, Ken's Hairstylist, Lafayette Press, and some construction-related tenants in the rear lower level. The plaza was owned for over 50 years by the Gosselin family.
Dan Scanlon, JD, CCIM, a retail investment advisor with the firm, represented the seller, Gosselin Plaza, Inc., along with attorney Jim Kaklamanos of Nashua. Kara Larson of AW Sullivan Realty represented the buyer, 270 Amory Street, LLC, along with attorneys Roy Tilsley and Matt Jacobs of the Bernstein Shur law firm in Manchester.
The records of the Hillsborough County Registry of Deeds reflect a selling price of $2.335 million.
About Grubb & Ellis
Grubb & Ellis Company (NYSE: GBE) is one of the largest and most respected commercial real estate services companies. With more than 130 owned and affiliate offices worldwide, Grubb & Ellis offers property owners, corporate occupants and investors comprehensive integrated real estate solutions, including transaction, management, consulting and investment advisory services supported by proprietary market research and extensive local market expertise. For more information, visit the Company's website Grubb-Ellis
Grubb & Ellis|Coldstream Real Estate Advisors, Inc.
Grubb & Ellis|Coldstream Real Estate Advisors, Inc. is an independently owned and operated affiliate of Grubb & Ellis Company with offices in Bedford and Portsmouth, NH and is a full service commercial brokerage, consulting and development firm servicing the office, industrial, retail, investment and land needs of its clients and customers. From New Hampshire and Northern New England, Grubb & Ellis|Coldstream offers Property Solutions Worldwide. For more information, visit the Company's Web site Coldstream RE
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