Brady Sullivan Properties has acquired 1050 Perimeter Rd. This class A office and flex property directly abuts Manchester Boston Regional Airport and features 147,000 s/f of office space. The sale pricewas not disclosed. The multi-tenanted building is located on 16 acres with abundant parking and excellent exposure. Existing tenants include Stonyfield Yogurt, NDX, Edgewater Technology, and Black Box Network Services.
Brady Sullivan has plans to make immediate improvements to the property including painting of the exterior, updating signage, renewing the landscaping, and renovating the common areas.
"We're thrilled to expand our footprint into the commerce section near the Manchester Airport, which is really thriving. For a while we've had our eye on expanding our portfolio near the airport and this has provided an excellent opportunity. We look forward to hitting the ground running with our improvements and leasing activity" said owner, Arthur Sullivan.
Brady Sullivan Properties owns over four million s/f of class A and industrial real estate in New Hampshire, including several properties in Manchester such as The Plaza at 1000 Elm, Waumbec Mill Building at 250 Commercial St., Jefferson Mill at 670 N. Commercial St., The Brady Sullivan Tower at 1750 Elm, and the R.G. Sullivan Building at 175 Canal St.