O'Brien of NAI Norwood Group sells 10,000 s/f industrial building for $610,000; Corcoran of Carey & Giampa serves as selling broker

April 03, 2011 - Northern New England

NAI Norwood Group sold 193 Walton Rd. Brian O'Brien, vice president managing broker, of NAI Norwood Group was the listing broker and Mary-Helen Corcoran of Carey & Giampa was the selling broker.
The 10,000 s/f industrial building was sold for $610,000, and was bought by Harake Trust. The sale was a partial sale leaseback. The new buyers will utilize a portion of this building for their own use while the existing tenant remains in the facility and signs a new lease.
"Things are starting to bounce back here on the seacoast as well as the rest of the state," said O'Brien. "There are projects all over Portsmouth that have sprung back to life and it's showing people that we are getting back on track."
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