225 East Industrial Park Drive - Manchester, NHManchester, NH JACKMAN Commercial Realty, Inc. has marketed and sold the property located at 225 East Industrial Park Dr.
The property is a 2-acre lot located at the corner of East Industrial Park Dr. and Pepsi Rd. The site is improved with a 14,800 s/f building with a mix of office of about 4,000 s/f with the balance of open warehouse/mezzanine space.
According to the Registry of Deeds the new owners, EIPD 225 LLC, paid $932,000. It was assisted by Colliers.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.