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News: Front Section
Posted: January 18, 2019
Thibeault purchases the Henry Hanger Co. building for $1.81 million
Nashua, NH Brian Thibeault has purchased the Henry Hanger Company of America building for $1.81 million. This 90,000 s/f classic mill building is on .85 acres, and was built in 1900, consisting of 5 floors. Each floor is 18,000 s/f with original hardwood floors and natural light. This building also features on-site parking, is serviced by municipal water, sewer as well as natural gas and is located in the new Transit Oriented Development Overlay zoning district. The building is located close to the Exit 6 off ramp of the Everett Tpke./Rte. 3, downtown, as well as within walking distance to the new proposed train station and commuter rail.
Conceptual plans for an apartment conversion have been produced, and is something that Thibeault is considering. Thibeault is planning to work with the city to develop this property into its highest and best use for the neighborhood. The construction of the new train station/commuter rail within walking distance of this site will bring many new and exciting opportunities to the downtown area.
The Henry Hanger Co. has owned the building, located at 110 E Hollis St., since 1972. They are a 3rd generation, family run operation that has been located in Nashua, N.Y. and LA. The company was founded by Henry Spitz on the premise that the right hanger could not only make garments look better but could also improve sales in retail stores.
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