Dartmouth Holdings LLC Acquires 20,780 Square Foot Warehouse From Analog Devices For $3.1M
50 Dartmouth Drive
$3,100,000
$149/SF
Building Size
20,780 SF
Asset Type
Industrial
Closing
Oct 1, 2025
AI
A 20,780-square-foot industrial warehouse located at 50 Dartmouth Drive in Auburn, NH, has been sold for $3,100,000. The property is situated in Wellington Business Park and was previously owned by Analog Devices. The sale price equates to approximately $149 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Buyer: Dartmouth Holdings LLC
- Seller: Analog Devices
- Brokers: Abigail Bachman, Laura Nesmith - Colliers, Denis Dancoes, Thomas Farrelly & Sue Ann Johnson - Cushman & Wakefield
- Square Footage: 20,780
- Price Per Square Foot: $149
- Date of Sale: 10/01/2025
The acquisition by Dartmouth Holdings LLC, an affiliate of IPSUMM, allows for the expansion of operations and job growth while moving from leased premises to property ownership. This strategic purchase significantly increases IPSUMM's operational footprint.
Players
Auburn Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93