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.