 (1).png)
News:
Owners Developers & Managers
Posted: February 17, 2017
Farrelly, Dancoes and Johnson of Cushman & Wakefield and DuBois Associates broker $4.4 million sale
Greenland, NH Cushman & Wakefield of New Hampshire represented Ocean 125 Realty, LLC and Harbour Links Estates, LLC in their sale of 125 Ocean Rd. The property has been acquired by Bluebird Greenland, LLC, a self-storage company, for $4.4 million.
125 Ocean Road - Greenland, NH
125 Ocean Rd. is a single-story, 46,720 s/f warehouse building located on 8.6 acres of land with more than 1,000 feet of frontage on I-95. 125 Ocean Rd. includes both air-conditioned office and warehouse space. The immediate area includes retail stores, restaurants and medical services. Bluebird Greenland will use its newly acquired location to expand its storage facilities.
“We greatly enjoyed working with the Cushman & Wakefield of New Hampshire team during this transaction,” said Bill Binnie from Ocean 125 Realty. “Their professionalism and commitment to the needs of their clients was evident in their work and made this a positive experience for all.”
Ocean 125 Realty was represented by Cushman & Wakefield executive director Thomas Farrelly, executive director Denis Dancoes and director Sue Ann Johnson, while Harbour Links Estates was represented by DuBois Associates.
“Working with Ocean 125 Realty, LLC, during this transaction was a pleasure,” said Farrelly. “125 Ocean Rd. is a desirable location, and we believe that this deal was a success for all parties involved.”
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
MORE FROM Owners Developers & Managers
Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel
Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
Quick Hits
 (1).png)
Columns and Thought Leadership
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul
Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
August Promotion
