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Brokerage
Posted: November 29, 2024
Summit Realty relocates Newburyport Bank to Hannaford Plaza
Exeter, NH Summit Realty Partners, Inc. assisted in the relocation of Newburyport Bank to a brand new building at the Hannaford Plaza.
Hannaford Plaza, located at 141 Portsmouth Ave. is in the center of the Exeter/Stratham retail corridor, which is home to many national, regional and local retailers. Newburyport Bank previously operated inline at the plaza but has now transitioned to its own dedicated pad building located within the same plaza. The new location provides improved visibility and accessibility.
Chris McMahon and Travis Ginsberg of Summit Realty Partners oversee the leasing within this plaza. “We are thrilled to see Newburyport Bank in their new location” said McMahon “and we are excited to find the right tenant to fill their former space at this plaza”.
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Haverhill, MA New England Realty Advisors LLC has completed the sale of 85-87 Summer St., an eight-unit multifamily property known as Summer Street Apartments, for $1.69 million. The transaction equates to a sale price of $211,250 per unit and reflects the strong, sustained investor appetite for well-located, cash-flowing multifamily assets in the Merrimack Valley.
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