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Writer's pictureCassie Farley

October Lookback - Commercial Developments








Londonderry

It appears the ‘Technology Hill Planned Unit Development’ is moving forward. Co-developer and Primary Bank CEO Ken Solinsky presented an application for formal review for a 15,200± SF retail building, 9,400± SF childcare building, and associated site improvements.

 

 








Amherst

Planet Fitness is coming to town! They applied for a sign for 123 Route 101A.












Hudson

 

Colbea Enterprises, LLC, reproposed a site plan for the construction of a gas station with convenience store, consisting of six (6) dispenser islands for a total of twelve (12) fueling stations, along with a proposed car wash at 7 Atwood and 97 Lowell Road.  





Plaistow

 

R. Jeremy Hill submitted a preliminary design review of a site plan that proposes the razing of an existing barn, to be replaced with a new historically attuned replica structure on the same footprint, to include a six-bedroom bed and breakfast facility. The property is located at 18 Elm Street.






Salem

 

Bank of America submitted a site plan for a new 5,685± SF bank with a drive-thru at 69 Central Street.









Milford

 

Tuck-It-Away Self-Storage, LLC, has requested major site plan approval for a commercial office suite building complex comprised of two commercial suite buildings. These two buildings shall be 19,800± & 12,600± SF in total floor area.







Recent Notable Sales


Atkinson (9/3/24)

 

72 Route 111, a 6,000± SF free standing office/flex building, sold for $1,200,000. This was sold as an investment because the current tenant occupies the entire building for a childcare business. The buyer utilized owner financing to close the deal.


Bedford (6/27/24)

 

1 South River Road, 32,100± SF section of a strip center, sold to local investor, Tom Riley, for $3,100,000. Rite Aid recently vacated as the tenant.  



Derry (8/23/24)

 

The Derry Diner at 29 Crystal Ave sold for $735,000 to Tapir Properties LLC. Tapir Properties, LLC's, manager is also the owner of Axis Coach Limousine Services







Manchester (10/18/24)


525 Hooksett Road, a NNN leased Taco Bell and Aroma Joe's sold for $1,810,000 (5.66% Cap).













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