October 13, 2011

Stebbins Sells 35,000 SF Industrial Building at 305 Massabesic Street, Manchester, NH

Michael F. Reed, President of Stebbins Commercial Properties, Inc. is pleased to announce the sale of 305 Massabesic Street in Manchester, NH from DGM Realty to Tyflot, Inc. of Manchester, NH. 

According to the Registry of Deeds the sale price was $1,225,000.00.   Tyflot, Inc. is a warehouse of industrial supplies for the energy producing industries.  They specialize in Foreign Materials Exclusion (FME) and Foreign Object Debris (FOD).

Reggie Moreau of R. J. Moreau Communities LLC in Bedford, NH represented the Buyer, Tyflot, Inc.  Michael Reed, Stebbins Commercial Properties, Inc. represented the Seller, DGM Realty in the transaction.

August 5, 2011

Stebbins Commercial Properties, Inc. Leases Office Space to Butenhof & Bomster PC in Manchester, NH

Michael F. Reed, President of Stebbins Commercial Properties, Inc. is pleased to announce the lease of 3,200 SF of office space located on the third floor at 149 Hanover Street, Manchester, NH to Butenhof & Bomster PC, Attorneys at Law.

Michael Reed represented Butenhof & Bomster PC and assisted the Landlord, Charles F. Rolecek of the Hanover Street Chop House.  Butenhof & Bomster PC are in the process of relocating their 132 Middle Street home office to their new site.

August 4, 2011

Stebbins Commercial Properties, Inc. Leases Educational Space to Liberty Harbor Academy in Manchester, NH

Michael F. Reed, President of Stebbins Commercial Properties, Inc. is pleased to announce the lease of 10,000 SF of educational space located on first floor at 1230 Elm Street in Manchester to Julianne S. Cooper PHD of Liberty Harbor Academy.

Michael represented Liberty Harbor Academy and assisted the Landlord, Airtight, LLC c/o Brady Sullivan Properties. Liberty Harbor Academy is a hybrid educational institution of higher learning scheduled to open September 2011.

August 3, 2011

Stebbins Commercial Properties, Inc. Sells Industrial/Manufacturing Building in Milford, NH

Michael F. Reed, President of Stebbins Commercial Properties, Inc. is proud to announce the sale of 24 Powers Street, Milford, NH. The property is 58,000 SF of Office/Warehouse space on 5 acres.

The Seller was SBJ Realty Corp of Milford, NH. The Buyer was MJBeck2, LLC of 12 Howe Drive, Amherst, NH. MJBeck2, LLC shall use the entire building to expand its blow molding business. Stebbins Commercial Properties, Inc. represented SBJ Realty Corp and assisted M. J. Beck in the transaction. 

The Buyer purchased the property for $2,700,000.00 according to the Hillsboro County Registry of Deeds.

January 3, 2011

Stebbins Commercial Properties, Inc. Sells Historic Office/Restaurant Building in Downtown Manchester, NH

Michael F. Reed, President of Stebbins Commercial Properties, Inc. is proud to announce the sale of the Chandler Building, 1181 Elm Street, home of Wings Your Way, Clearly Creative Marketing and G. D. S. Engineering Services.

The Seller was SPS Realty Holdings, LLC of 816 Elm Street, Manchester, NH. The Buyer represented by Denise Bernard of Prudential Verani Realty, was Astoria Boulevard Realty Corpof Alstead, NH.

The Buyer purchased the property for $1,300,000 according to the Hillsboro County Registry of Deeds.

December 7, 2010

Stebbins Commercial Properties, Inc. Sells Office Space in Manchester, NH

Stebbins Commercial Properties, Inc. is proud to announce the sale of 12,300 square feet of office/retail/service/warehouse space located at 516 Elm Street, Manchester, NH.

Tom Dickson, Commercial Real Estate Agent at Stebbins Commercial Properties, Inc. represented and assisted the Landlord. Joel Asadoorian, Commercial Real Estate Agent at Leadergate Realty LLC represented the Tenant, Nenglin Wu from Keene, NH. According to the NH Registry of Deeds, the sale price was $540,000.00.

November 30, 2010

Caron Sells a Second Tract of Land on Reservoir Road in Meredith, NH

Deanna Caron, Senior Broker with Stebbins Commercial Properties, Inc. has sold a second tract of land located on Reservoir Road in Meredith, NH. The 8.07 acre parcel was sold for $110,000.00. The Seller was AMD Holdings, Inc. and the Buyer was Hidden Green Properties, LLC, a division of the Winnipesaukee Playhouse presently located in Laconia.

The Playhouse will be using the land for overflow parking for their new location in Meredith. Their plan is to develop a state of the art "theatre campus" at the site of the former Annalee Doll factory and retail store. Plans include increased seating capacity in the new main theater, as well as, many amenities such as expanded concession and bathroom facilities, outdoor performance space, eating area and nature trail. The Playhouse plans to move to the site once fundraising is complete. Caron represented the Seller and assisted the Buyer.

March 30, 2010

Stebbins Commercial Properties, Inc. Leases Office Space in Londonderry, NH

Stebbins Commercial Properties, Inc is proud to announce the lease of 40,000 square feet of office/manufacturing/R&D space located at 34 Londonderry Road, Londonderry, NH. Tom Dickson, Commercial Real Estate Agent at Stebbins Commercial Properties, Inc. represented and assisted the Landlord. Roger Dieker, Commercial Real Estate Agent at C.B. Richard Ellis-NE represented the Tenant. GourmetGiftBasket.com will be using the space as its Headquarters and Distribution Center.