News: Owners Developers & Managers

O’Brien of NAI Norwood Group completes sale of two Walmart stores

Brian O'Brien, NAI Norwwod Group

Seabrook, NH NAI Norwood Group completed the sale of two Walmart locations in New Hampshire. Brian O’Brien of NAI Norwood Group, in cooperation with Lancet Realty Advisors in Georgia, completed the sale of two Walmart locations – Manchester and Seabrook.

The Manchester site, 300 Keller St., is a desirable location near the Mall of New Hampshire and off South Willow St. The 118,000 s/f building is situated on 12.89 acres and was purchased by CarMax Auto Superstore. According to the Registry of Deeds, the sale was completed in the amount of $11.05 million. A brand new Walmart super center was built on Gold St.

The Seabrook site, 270 Lafayette Rd., is part of the Seacoast Shopping Center located between Market Basket and Home Depot and close to the Massachusetts border. The 139,000 s/f building was purchased by Ocean State Job Lot. According to the Registry of Deeds, the sale was completed in the amount of $4.7 million. As part of a shopping center, O’Brien had to work with the town of Seabrook and the center’s owner, Brixmor Property Group, to separate the former Walmart building from the rest of the shopping center.

NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.  Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With their extensive background and strong local contacts, they are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Revitalized Town Centers:  Retail??? - by Carol Todreas

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
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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