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Overdeput of Colliers Sells Plaza in Hooksett, NH for $5,000,000

Colliers’ represented the Seller, Kassas Real Estate Development, Inc, in the sale

Manchester, NH – 

Colliers, a global leader in commercial real estate services, is pleased to announce the investment sale of Granite Hill Shoppes & Office Park, a 100% occupied multitenant retail/office plaza consisting of three interconnected buildings at 1461 Hooksett Road, Hooksett, NH.

Hugo Overdeput, of Colliers’ Manchester office, represented the Seller, Kassas Real Estate Development, Inc, in the sale of the 30,000± SF retail/office plaza with almost 500’ of frontage on Route 3A. Hobart Hare, of Horvath & Tremblay, represented the FL-based Buyer in the 1031 exchange. According to the Merrimack County Registry of Deeds, the sale price was $5 million.

Granite Hill Shoppes has strong revenue and is home to tenants such as Edward Jones, State Farm Insurance, Bavaria German Restaurant, Granite Tapas & Cocktail Lounge, Bitesize Café & Bakery, Sol Beso Salon, and more.