JBCM LLC Acquires Industrial Buildings In Salem New Hampshire For $7.75M With JLL Representation

The transaction involved the sale of three fully leased industrial buildings located at 13-15 Delaware Drive & 40 Lowell Road in Salem, New Hampshire. The total sale price for this industrial asset was $7,750,000, encompassing a total of 55,000 square feet, resulting in a price per square foot of $141.

Summary of transaction details:

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

JLL Capital Markets facilitated the transaction, representing JBCM, LLC in the acquisition of the properties. The brokers involved in this sale included Michael (Mike) Restivo, David Coffman, and Tommy (Tom) Hovey from JLL.