Hudson, NH Prolman Realty, Inc. completed the sale of 225-227 Lowell Rd. to the Lannan Co., according to Mark Prolman who represented the seller, RDB Holdings et al. Dusty Burke of American Commercial Real Estate represented the buyer.
The Lannan Co. acquired the three acre site to develop 19,900 s/f of retail space. Tenants already committed include Starbucks, DCU Credit Union, and Jersey Mike’s.
Enterprise Bank provided the acquisition and permanent financing.
According to the Hillsborough County Registry of Deeds the selling price was $2.2 million.