Rohrer and Scanlon of Colliers sell 140 Queen City Ave. - $7.5 million to RIO Holdings NH

Manchester, NH Colliers negotiated the $7.5 million sale of 140 Queen City Ave., a 26,375 s/f former rehabilitation facility situated on 3.5 acres, according to the Hillsborough County Registry of Deeds.

Bob Rohrer, managing director, and Dan Scanlon, senior associate, with Colliers in New Hampshire, along with Alex Cohn of the Colliers Indianapolis office, represented the buyer, RIO Holdings NH, LLC. The seller, Manchester Alcoholism Rehabilitation Center, an Easter Seals affiliated entity, was represented by Bill Norton of Norton Asset Management and Mike Harrington of Harrington & Co.

The property previously operated as the Farnum Center, a 70-bed licensed rehabilitation facility. Inpatient operations at the facility ceased in the summer of 2025. 

“When we were introduced to the principals of RIO, Dan and I recalled that the Farnum Center had recently announced plans to close,” said Rohrer. “The RIO team quickly recognized the opportunity to bring its model of recovery care to an established facility in Manchester. We initially worked with RIO and Easter Seals to try to put a transaction together in late 2025, before Easter Seals ultimately decided to bring the property to market. Credit goes to our client for staying focused and committed throughout the process. Their determination, combined with a strong offer, ultimately positioned them to prevail in what became a competitive bidding process.”

Located along Queen City Ave., the property offers access to downtown and I-293. Its previous use and existing infrastructure made the property particularly well suited to RIO’s plans to establish a recovery center in New Hampshire’s largest city.