Brady Sullivan Properties purchases three office, warehouse and flex properties for $4.2 million

Manchester, NH Brady Sullivan Properties, in partnership with the Anagnost Companies, recently purchased the properties at 75, 85, and 95 Faltin Dr., which were part of the former Osram Sylvania complex. While the front of the complex will be redeveloped into a 300,000 s/f multi-retailer space as previously announced, the three buildings on Faltin Dr. offer 51,000 s/f of commercial office, warehouse, and flex space. Purchased for $4.2 million, the space is available for lease.

75, 85, and 95 Faltin Drive - Manchester, NH

“These three additions to Brady Sullivan’s portfolio of commercial space in Manchester will offer businesses unparalleled access to South Willow Street,” said Charles Panasis, director of commercial real estate at Brady Sullivan Properties. “Across the three buildings, the floor plans are very flexible and can be customized to fit a business’s needs.”

Ideally located at a lighted intersection off South Willow St., this complex is located on more than five acres with ample parking.

Building 1 is 18,625 s/f of office and warehouse space. Building 2 similarly is made up of 15,405 s/f is both office and warehouse, and has loading docks. Building 3 is dedicated warehouse space, offering 17,605 s/f with 10 loading docks and 16 foot high ceilings.

Founded by Arthur Sullivan and Shane Brady in 1992, the Manchester-based real estate development firm has developed a diverse portfolio of residential and commercial real estate, owning and managing more than 4.5 million s/f of mill, office, and industrial space. The company holds a sizeable share of both the commercial and residential real estate market throughout New England, with properties in New Hampshire, Vermont, Massachusetts, and Rhode Island.

The company’s recent commercial acquisitions include 900 Elm St. and the former Osram Sylvania complex in Manchester; and Concord’s Eagle Hotel and One and Two Capital Plaza in downtown.