News:
Brokerage
Posted: October 3, 2025
Colliers and Cushman & Wakefield sell 20,780 s/f for $3.1 million to Dartmouth Holdings
Auburn, NH Colliers has negotiated the sale of 50 Dartmouth Dr. for $3.1 million.
The 20,780 s/f warehouse/manufacturing building, situated on 4.82 acres within the 140-acre master-planned Wellington Business Park, was sold by Analog Devices, Inc. to Dartmouth Holdings LLC, an affiliate of IPSUMM Inc. The property offers expansion potential with the ability to accommodate an additional 9,220 s/f.
Representing the buyer were Abigail Bachman and Laura Nesmith of Colliers’ New Hampshire office. The listing was represented by Denis Dancoes III, Thomas Farrelly, SIOR, and Sue Ann Johnson of Cushman & Wakefield.
This acquisition doubles IPSUMM’s footprint, enabling more operations, inventory, and employees. Transitioning from leased space to ownership underscores the buyer’s stability, long-term investment, and confidence in the Auburn market. The move is expected to create new employment opportunities for the region.
“After struggling with several other brokers who couldn’t deliver, I was fortunate to connect with Abigail Bachman and Laura Nesmith of Colliers. From day one, they demonstrated incredible persistence and commitment to finding the right commercial building for us. No matter how many obstacles we encountered, Abby and Laura never gave up, always pushing forward and bringing fresh options to the table where others had fallen short. Their combined knowledge, determination, and professionalism were exactly what we needed to navigate the complex world of commercial real estate,” said John Kodzis, president and CEO
IPSUMM Inc.
IPSUMM, Inc., based in New England, is a product development company that takes concepts through the full life cycle—from idea to reality — across sectors including automation and machinery. Founded in 2012 through the merger of several industry leaders, IPSUMM offers engineering, design, manufacturing, and innovation services to both entrepreneurial clients and established corporations.
MORE FROM Brokerage
RapDev leases 17,587 s/f at 501 Boylston St. - lease brokered by JLL
Boston, MA RapDev, a leading software-engineering and DevOps consultancy, has leased 17,587 s/f at 501 Boylston St. in the city’s Back Bay. The company moved into the new space this summer, consolidating operations onto a single floor to accommodate growth and create a workplace that reflects its collaborative culture.
.png)
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
Retail / tariffs / uncertainty and (still) opportunity - Carol Todreas
As new tariffs continue to impact the global economy, retail businesses and investors are grappling with heightened uncertainty. From new high tariffs to supply chain issues to evolving consumer behaviors, continual changes are making it as or more challenging than the pandemic years. Yet, amidst this turbulence,
Newbury Street: Boston’s timeless retail gem thrives in a modern era - by Joseph Aquino
Boston’s iconic Newbury St. continues to thrive as one of the most vibrant and compelling retail corridors in the United States. Nestled in the heart of the Back Bay, this historic St. has evolved into a powerhouse of high-St. retail, where luxury meets lifestyle and legacy brands coexist with up-and-coming names. With its European charm, diverse architecture, and unmatched foot traffic, Newbury St. remains a dynamic reflection of Boston’s energy, culture, and economic strength.
Placemaking and retail in 2024 - by Carol Todreas
Placemaking. That is the word for 2024. While the concept has historical precedence in urban development, it became part of our current culture in the 1960’s when urbanists started to think about cities for people, not just cars.
