News: Front Section
Posted: October 7, 2016
White of CBRE | Portsmouth and Billipp of Kane Company broker $1.65 million sale
4 Merrill Industrial Drive - Hampton, NHHampton, NH According to CBRE | Portsmouth, 4 Merrill Industrial Dr. has sold for $1.65 million.
Vinther Holdings, LLC purchased this 35,000 s/f, multi-tenant building from Coastal Economic Development Corp. Tenants at 4 Merrill Industrial Dr. currently include RTS, Tom James Company, Lionwise and Beach Plum. The new owner plans to occupy one-half of the building.
Kent White, CBRE | PortsmouthKent White of CBRE | Portsmouth represented the seller and Peter Billipp of the Kane Company represented the buyer in this transaction.
CBRE | Portsmouth is an affiliate office of CBRE Group, Inc. This strategic partnership combined national resources with regional control and ownership to offer clients a balanced service platform. CBRE | Portsmouth services the Seacoast and I-95 corridor and works closely with nearby CBRE | New England offices in Manchester, New Hampshire, Portland, Maine, Boston, Massachusetts, New Haven, Connecticut, Hartford, Connecticut and Providence, Rhode Island.
CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The company has 44,000 employees (excluding affiliates), and serves real estate owners, investors, and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.
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