News: Retail
Posted: October 25, 2024
Summit Realty and The Boulos Co. sell 9,382 s/f retail strip for $2.9m
Newington, NH Summit Realty Partners, Inc., with The Boulos Co., has completed the marketing and sale of a 9,382 s/f, multi-tenant retail strip center located in a primary retail corridor along the New Hampshire Seacoast.
Woodbury Corner at 2001 Woodbury Ave. is located at the signalized corner of Woodbury Ave. and Gosling Rd. The strip center features access to Spaulding Tpke. and is less than two miles from I-95. Tenants at the shopping center include Mattress Firm and Batteries & Bulbs. Positive attributes of the property include strong demographics, high visibility, multiple curb-cuts, and traffic counts.
Woodbury Corner sold for $2.9 million on October 8th, 2024, to a private investor. Chris McMahon and Travis Ginsberg of Summit Realty Partners Inc. represented the seller, RPI Newington LLC, an affiliate of Riverside Properties, Inc. of Wellesley, MA. Caitlin Burke of The Boulos Company represented the buyer.
Summit ran a comprehensive marketing campaign to promote Woodbury Corner for sale after being involved with the property since 2009 when Summit worked with Riverside on the redevelopment of the property into the multi-tenant strip center it is today. Summit has handled the retail leasing at the property since 2010.
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