Toolin of Fini Real Estate leases 28,976 s/f; brings 1 Perimeter Road to 100%

May 05, 2011 - Northern New England

1 Perimeter Road, Manchester, NH

Matt Toolin of The Fini Real Estate Group, Inc. has completed four new tenant leases totalling 28,976 s/f at 1 Perimeter Rd. to bring the 49,946 s/f building to 100% occupancy.
* Turbotek Computer Corp. leased 6,117 s/f on a 5 year term. Dan Scanlon of Grubb & Ellis|Northern New England represented the tenant.
* H&L Distribution leased 2,929 s/f on a 5 year term. Doug Martin of Grubb & Ellis|Northern New England represented the tenant.
* Apria Healthcare, Inc. leased 8,679 sf on a 5 year term. Corporate Realty Associates represented the tenant.
* Cushcraft Corp. leased 11,251 s/f on a 5 year term. UGL Services Equis Operations represented the tenant.
Toolin represented the landlord, Harvey Road Airpark, LLC, in these transactions.
According to Toolin, "We are seeing a significant amount of upgrading in this market. Many tenants are locking in long-term leases at very favorable rates. Since January, the entire southern New Hampshire market has shown signs of a return to a more normalized market."
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