News: Owners Developers & Managers

Prolman Realty Inc. and Binswanger complete
$6.8 million sale to W.H. Bagshaw Co., Inc.

Hudson, NH Prolman Realty, Inc. has completed the sale of 11 Executive Dr. to W.H. Bagshaw Co., Inc. Mark Prolman represented the buyer and Nick Biedron and John Harris of Binswanger represented the seller, Semikron Danfoss, Inc. 

11 Executive Dr. is comprised of two industrial buildings totaling 56,595 s/f. The front building was built in 1976 and totals 37,610 s/f. The back building was built in 1981 and totals 18,985 s/f. 

“W.H. Bagshaw will be occupying the front building to manufacture precision components with CNC equipment to the medical, aerospace, defense and high tech industries,” said Adria Bagshaw, chief validation officer and Aaron Bagshaw, chief visionary officer. W.H. Bagshaw has been manufacturing quality products since 1870. 

Financing was provided by Enterprise Bank under the leadership of Deb Novotny and Peter Rayno along with the Business Finance Authority. 

Legal representation and closing execution was professionally provided by Kelly Shanahan Esquire, Dalton & Finegold, LLP. 

According to the Hillsborough County Registry of Deeds, the sale price was $6.8 million.

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