B&D Holdings Acquires Industrial Asset For $12M With Broker James McNerney In Manchester CT

The asset involved in this transaction is an industrial property located at 100 Sanrico Drive in Manchester, CT. The sale was completed for a total amount of $12,000,000. The property encompasses 190,000 square feet, resulting in a price per square foot of $63.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,000,000
• Square Footage: 190,000
• Sale Price per Square Foot: $63
• Buyer: Martin Segal, Rob Logan & Jack Shulman - B&D Holdings
• Seller: SkyREM
• Buyer's Representative: James McNerney - Silver Edge Real Estate
• Seller's Representatives: Alison Howard, Michael Restivo & David Coffman - JLL

The buyer, B&D Holdings, is actively pursuing industrial acquisitions in the northeast and throughout the country. The representatives for the seller consist of a team from JLL, providing comprehensive support in facilitating this transaction.