Marcus & Millichap sells New Hampshire industrial property for $2.275 million : NEREJ

Marcus & Millichap sells New Hampshire industrial property for $2.275 million : NEREJ

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30 Harvey Road – Bedford, NH

Bedford, NH Marcus & Millichap has completed the sale of 30 Harvey Rd. The property sold for $2.275 million.

“We received tremendous interest on this property from local New Hampshire buyers as well as Boston-based capital,” said Harrison Klein, first vice president of investments. “For a variety of reasons, Southern New Hampshire is one of the hottest markets we operate in,” Klein said.

Klein, Ben Scherman, and Luigi Lessa, investment specialists in Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both local private investors. This is the third industrial sale in New Hampshire completed by The Klein Group of Marcus & Millichap in the past 12 months.

Built in 1987, these industrial office warehouses are on the Manchester, N.H. border, two miles from Rte. 3. The property, spanning a 3.17-acre parcel, is fully occupied by six tenants and includes 1.45 acres of undeveloped land.

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