JBCM LLC Acquires Industrial Buildings In Salem New Hampshire For $7.75 Million

This transaction involves the sale of three fully leased industrial buildings, incorporating a total of 55,000 square feet. The properties are located at 1 Delaware Drive, 13 Delaware Drive, 15 Delaware Drive, and 40 Lowell Road in Salem, New Hampshire. The sale was executed for $7,750,000, reflecting a price per square foot of $141.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $7,750,000
• Address: 1 Delaware Drive, 13 Delaware Drive, 15 Delaware Drive & 40 Lowell Road
• Market: Salem, NH
• Square Footage: 55,000
• Price Per Square Foot: $141
• Buyer: JBCM, LLC

JLL Capital Markets facilitated the arrangement of this sale, representing the involved parties through its brokers, which include Michael Restivo, Tommy Hovey, and David Coffman. The transaction reflects a strategic investment in the industrial property market, with JBCM LLC acquiring the fully leased buildings.