News: Owners Developers & Managers

Kelley and Panasis of Brady Sullivan Properties arrange 28,244 s/f in leases

Brady Sullivan Properties has completed three lease transactions in the last month at 1750 Elm St., known as Brady Sullivan Tower, totaling 28,244 s/f. Schaefer Mortgage, a leading mortgage company operating throughout New England, expanded their ground floor space to 4,100 s/f at the tower. Ben Kelley and Charles Panasis represented the landlord and Schaefer Mortgage worked on their own behalf. Boston Therapeutics, another existing tenant at 1750 Elm St. doubled their space to now occupy over 3,144 s/f. The pharmaceutical company which is publically traded took over the contiguous space and will continue to operate while the adjacent space is renovated. The medical pharmaceutical company has seen continued growth since they moved to 1750 Elm from their original home of the Amoskeag Business Incubator. Kelley and Panasis represented Brady Sullivan and Boston Therapeutics represented themselves. Brady Sullivan also completed a long term deal with Why Not Lease It, LLC. The nationwide company occupies over 21,000 s/f of class A office space located at 1750 Elm St. The rapidly growing rental and leasing company occupies the 11th and 12th floors of the Brady Sullivan Tower. Panasis and Kelley worked on behalf of the landlord, Brady Sullivan while Why Not Lease It was represented by Tom Duffy of Prudential Verani Realty. The transaction involved a turn-key build out utilizing the Brady Sullivan architectural and construction team. "1750 Elm Street offers great accessibility for their customers as well as excellent on-site parking, all while providing first class office space in the heart of Manchester" said Panasis, director of commercial real estate for Brady Sullivan. Brady Sullivan owns and operates more than 3.5 million s/f of commercial space in the southern N.H. region and also has a significant residential division as well. George Whitcher Test
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