Colliers’ represented the Seller, Nettles Limited Partnership, in the sale.
Manchester, NH – Colliers, a global leader in commercial real estate services, is pleased to announce the investment sale of a 100% occupied retail plaza consisting of three freestanding buildings at 379 South Broadway in Salem, NH. Hugo Overdeput, of Colliers’ Manchester office, represented the Seller, Nettles Limited Partnership, in the sale of the fully leased 28,000± SF retail plaza. James Casey, of Northeast Private Client Group, represented the MA-based Buyer. According to the Rockingham County Registry of Deeds, the sale price was $4.75 million.
The Nettles Shoppes have been a landmark for 30 years on South Broadway, the major retail corridor in Salem, NH.