Manchester, MA Charles Panasis, Ben Kelley and James Tobin of Brady Sullivan’s commercial team finalized two new leases at 472 Amherst St. in Nashua totaling 5,586 s/f. The 98,500 s/f flex/retail center welcomed MinuteMan Scale Models, a locally-owned and operated retailer/distributor of Scalecoat paint products. Additionally, the landlord was able to accommodate the sizeable expansion of Chewie’s Playland, which has been awarded Best Doggie Daycare/Boarding of Greater Nashua for 2014, 2015 and 2016.
Since purchasing the property in December of 2015 as part of a packaged-portfolio acquisition, the Brady Sullivan team has worked alongside Tom Farrelly, Sue Ann Johnson and Denis Dancoes of Cushman & Wakefield, the listing broker. The collaborative efforts have resulted in new leases totaling in excess of 21,000 s/f while the teams work toward a repositioning of a once underutilized property.
In addition to 472 Amherst St., the acquisition included 410 Amherst St., 15 Trafalgar Sq., and 22 Cotton Rd. in Nashua, as well as 5 Wentworth Dr. in Hudson.
Panasis, Kelley and Tobin of Brady Sullivan also completed a transaction at one of the state’s office campuses, securing a 33,982 s/f lease with Core Medical Group. One of the largest nursing, allied health, and physician placement organizations in the U.S., the Salem-based staffing company will relocate its operation to 3000 Goffs Falls Rd. in Manchester.
3000 Goffs Falls Rd. offers 210,000 s/f over two, 4-story, inter-connected class A office buildings with 30,000 s/f floor plates. In addition to the property’s positioning 1 mile from the Manchester-Boston Regional Airport (MHT), highlights include an on-site cafeteria, accessibility to I-293/93, and water frontage – the building itself is situated along Pine Island Pond, and tenants enjoy walking access to an island perfect for company retreats/cookouts.
The two-building campus is currently the only existing class A building in Hillsborough County able to accommodate 150k SF of contiguous space. Previously home to Anthem Blue Cross Blue Shield, 3000 Goffs Falls Road has undergone major renovations and substantial cosmetic improvements. The Manchester-based landlord will look to continue accommodating office requirements heading into 2017. “We look forward to this transaction driving activity so we can welcome great neighbors for our new tenant” said Charles Panasis, Director of Commercial Real Estate for Brady Sullivan. “With all of the nearby amenities, access to the highway systems and the airport, it really is ideal for a corporate headquarters location.”
Brady Sullivan Properties owns over 3 million square feet of Class A office and industrial real estate in New Hampshire, including several premier addresses in Manchester such as 900 Elm Street, 1000 Elm Street, and the Brady Sullivan Tower at 1750 Elm Street.
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