Herrick Development Acquires Office Building On Stiles Rd In Salem, NH For $2M

The office property located at 103 Stiles Rd in Salem, NH has been sold for a price of $2,000,000. The transaction took place on 03/25/2022. The property spans a total area of 10,496 square feet, resulting in a price per square foot of $171.

Summary of transation details

• Property Type: Office
• Transaction Amount: $2,000,000
• Date: 03/25/2022
• Address: 103 Stiles Rd, Salem, NH
• Market: Salem, NH
• Seller: TKD Properties, LLC
• Seller's Representative: Hugo Overdeput - Colliers
• Buyer: Herrick Development, LLC
• Buyer's Representative: Carla Herrick - Century 21 Northeast
• Size: 10,496 square feet
• Price per Square Foot: $171

Hugo Overdeput from Colliers represented the seller, TKD Properties, LLC, in this transaction. On the other hand, Carla Herrick from Century 21 Northeast acted as the representative for the buyer, Herrick Development, LLC.