“This portfolio checked a lot of boxes for our client,” said the buyer’s broker. “It offers immediate scale in a tight residential market, along with the ability to unlock further value through thoughtful investment.”
Before the sale, leases were secured for two of the three buildings, positioning the property as a strong investment opportunity with immediate income and long-term upside.
A Portsmouth, N.H.- based portable storage container company is expanding into Berwick, with the $1.9 million acquisition of two industrial buildings totaling 24,280 square feet at Two Industry Drive.