Dieker of CB Richard Ellis sells 37,140 s/f industrial to Vulcan Electric for $1.52 million

CB Richard Ellis (CBRE) has facilitated the sale of 6 George Ave., a 37,140 s/f industrial facility to Vulcan Electric Company for $1.52 million or $41 per s/f. CBRE's Roger Dieker, managing broker of the CBRE Manchester office, represented the seller, 6 George Avenue, LLC, an affiliate of Northern Electronics Automation, and procured the buyer. "This sale represents an excellent opportunity for both the buyer and the seller," said Dieker. 6 George Ave. is situated on 2.74 acres adjacent to Manchester Airport. Built in 1970, the single-story industrial facility comprises a mix of office, manufacturing and high-bay warehouse space and totals 37,140 s/f. The property is located on the Londonderry-Manchester town line two miles from I-293, 2.5 miles from I-93 and three miles from Rte. 3.