News: Northern New England

Scanlon of Grubb & Ellis|NNE sells 3,160 s/f 109 Manchester St. Car Wash; sold for $980,000 to McDonough and Crawford of Circle T

November 25, 2009, LLC has purchased the 109 Manchester St. Car Wash from 109 Manchester St. Car Wash, LLC for $980,000. The 3,160 s/f facility was built in 2003 and is located in a strong retail corridor that is home to several auto dealerships. Dan Scanlon, JD, CCIM of Grubb & Ellis|Northern New England's Manchester office represented the seller and procured the buyer. The sale included the real estate, equipment and business. Steve McDonough and Tony Crawford, the principals of the buyer entity, own and operate several other car washes in southern New Hampshire under the Circle T brand. "This acquisition gives the buyers a presence in another market and they plan to re-brand the wash as part of the Circle T family," said Scanlon.
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