Litchfield & Norton partner in office sale
11/06/2015 12:32 PM
Concord, is pleased to have represented the sale of 20 Foundry Street, Concord, NH for $3.25 million. The transaction, which offered a unique opportunity to purchase a Class A office building with 100% occupancy by a credit tenant, attracted strong investor interest. The ultimate buyer was Altra Holdings LLC, owned by Alvan Traffie and Leif Traffie. This purchase allowed the Traffie’s to purchase a building which they had originally constructed as part of their redevelopment of Foundry Street in 2004. The tenant, Sanborn Head & Associates, Inc. will remain in place. Brenda Litchfield of Concord Commercial Real Estate and attorney Suzanne Brunelle of Devine Millimet represented the seller PWG Realty, LLC, whose ownership included the original founders of Sanborn Head. Bill Norton, of Norton Asset Management and attorney Caroline Owen of Owen Law Offices represented the buyer.