First-class office building sells for $3.75m

7 Henry Clay Drive in Merrimack was sold to Whiting Building, LLC

Colliers, a global leader in commercial real estate services, recently announced the investment sale of a 45,600-square-foot, multi-tenanted office building on 3.94 acres at 7 Henry Clay Drive in Merrimack, NH.

This two-story building is about 78 percent occupied by two long-term tenants, Clark & Lavey Benefits Solutions and Gate City Charter School.

Laura Nesmith, Andrew Robbins and Bob Rohrer, all of Colliers’ Manchester office, represented the seller, Adamian Construction and Development Corporation, and procured the buyer, Whiting Building, LLC in the 1031 exchange. According to the Hillsborough County Registry of Deeds, the sale price was $3.75 million.

Categories: Real Estate & Construction