News: Northern New England

Donahue and Provost of Donahue & Associates complete sale of a 30,735 s/f commercial office building for $5.1 million

401 Water Tower Circle - Colchester, VT

Colchester, VT Steve Donahue and Mike Provost, both of Donahue & Associates, completed the sale of a 30,735 s/f multi-tenant commercial Class A office building located at 401 Water Tower Circle. 

The property includes 3.19 acres with potential to construct additional commercial space.  

Steve Donahue

 

Mike Provost

 

Purchased by LMJ, LLC from Tomar Development, Inc., the original builders of the building in 1998.  

A three-floor brick commercial office building with 120 existing parking spaces (expandable) was sold fully occupied.

The sale price was $5.1 million.

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