The sale was part of Nashua Corporation's property consolidation plan with the majority of building's operations being moved to company's Merrimack facility. Perry Snow of The Norwood Group, and Duane Osterkamp of Osterkamp Associates, represented the owners in the transaction, with Osterkamp also assisting the buyers. The Norwood Group represents owners and tenants in the sale, leasing and acquisition of commercial and industrial real estate throughout the United States. Headquartered in Paris, France, FCI is a manufacturer and distributor of electrical connectors. Presently located on East Industrial Park Drive in Manchester, NH, the firm will relocate its worldwide distribution facility to the site when completed.
Construction is now underway.
Karl Norwood and John Hoben , also with The Norwood Group, Inc., represented FCI in the extensive site search and purchase of the property, and also assisted the sellers, HTS Real Estate Trust, in the transaction. The Norwood Group, Inc. represents owners and tenants in the sale, leasing and acquisition of commercial and industrial real estate throughout the United States. The Norwood Group, Inc. is pleased to announce the sublease of 41,290 SF of industrial space at 200 Perimeter Road in Manchester, NH to Freudenberg-NOK of Grenier Field, Manchester. Freudenberg-NOK recently subleased the 41,290 SF distribution space from Aavid Thermal Technologies. Securing this amount of square footage in such close proximity to their facility and the airport will enable Freudenberg-NOK the additional warehousing and shipping needed to expedite their product.