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12 Innovation Way
SOLD

R.J. Kelly Acquires $39.7M Sale-Leaseback Industrial Property In Londonderry, NH

12 Innovation Way

Industrial
clock iconSold 178 days ago
William (Will) Sleeper
Brian Pinch
Rich Ruggiero
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Summary

Sale
NEW HAMPSHIRE
Industrial

Newmark has facilitated the $39.7 million sale-leaseback of 12 Innovation Way, a manufacturing/R&D facility located near the Manchester-Boston Regional Airport in Londonderry, New Hampshire. The property spans an undisclosed square footage and is characterized as an industrial asset. The transaction took place on January 24, 2024.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $39,700,000
  • Address: 12 Innovation Way, Londonderry, NH
  • Market: Londonderry, NH

The buyer, R.J. Kelly, purchased the property from EFI through the assistance of brokers Brian Pinch, Edward Maher, Jim Tribble, Matthew Pullen, Rich Ruggiero, Robert Griffin, William Sleeper, and Samantha Hallowell from Newmark. The deal was a sale-leaseback, allowing EFI to sell the property and lease it back from the new owner.

Players

  • All

    8

  • Agents

    7

  • Agencies

    1

William (Will) Sleeper's profile picture
William (Will) Sleeper
Newmark-image
Senior Analyst
$739.7M Sold
Brian Pinch's profile picture
Edward Maher's profile picture
Jim Tribble's profile picture
$39.7M Sold

Details

Deal Summary
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SOLD
IMAGE: Brian Pinch, Edward Maher, Jim Tribble, Matthew Pullen, Rich Ruggiero, Robert Griffin, William Sleeper & Samantha Hallowell DATE: 01/24/2024 ADDRESS: 12 Innovation Way MARKET: Londonderry, NH ASSET TYPE: Industrial BUYER: R.J. Kelly SELLER: EFI BROKERS: Brian Pinch, Edward Maher, Jim Tribble, Matthew Pullen, Rich Ruggiero, Robert Griffin, William Sleeper & Samantha Hallowell - Newmark (@Newmark) SALE PRICE: $39,700,000 NOTE: Newmark has facilitated the $39.7 million sale-leaseback of 12 Innovation Way, a manufacturing/R&D facility near the Manchester-Boston Regional Airport in Londonderry, New Hampshire.

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