Tamposi of CB Richard Ellis/New England sells 25,400 s/f industrial building for $1.4 million

CB Richard Ellis/New England negotiated the sale of 19 Post Rd., a 25,400 s/f industrial building. Five N Associates sold the property to 19 Post Road Group, LLC. CBRE/NE's Michael Tamposi, associate at the firm's Manchester office, represented the buyer. William Luers, president of Tamposi-Nash Real Estate Group, Inc., represented the seller. "We are pleased to have facilitated this transaction on behalf of 19 Post Road Group, LLC," said CBRE/NE's Michael Tamposi. Built in 1977, 19 Post Rd. has 3,000 s/f of office space and 22,400 s/f of warehouse space, the building allows for many uses including office, manufacturing and warehouse. The property also features two drive-in and four loading docks. The building has access to the Spaulding Tpke. and I-95 via Ocean Rd.and Heritage Ave.