Torrington Properties Acquires Retail Property In Newington, NH From Urstadt Biddle Properties Inc. For $13.3M

The retail property located at 2026 Woodbury Ave in Newington, NH has been sold. The property, spanning 102,000 square feet and situated on a 15-acre lot, was transacted for a sale price of $13,300,000. This translates to a price per square foot of $130 and a price per acre of $886,667.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $13,300,000
• Address: 2026 Woodbury Ave, Newington, NH
• Square Footage: 102,000
• Price per Square Foot: $130
• Lot Size: 15 acres
• Price per Acre: $886,667

The seller of the property was Urstadt Biddle Properties Inc. The buyer, Torrington Properties, represented by Jay Bisognano, acquired the retail asset.