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Boston & New England  + New England  + Industrial  |  January 28, 2025
Paul Bubny
By: Paul Bubny

Industrial with Expansion Options Trades in Western New Hampshire

Marcus & Millichap arranged the sale of a 36,500-square-foot industrial warehouse located at 1042-1050 W Swanzey Rd. in Swanzey, NH for $2,425,000. Luigi Lessa, Harrison Klein and Mattias Edenkrans, investment specialists in Marcus & Millichap’s Boston office, marketed the property on behalf of a private investor and procured the buyer, a private owner occupant. 

“This is our second sale in western New Hampshire, a unique market that many owners underestimate,” said Klein. “Limited industrial supply has resulted in low vacancy rates for this market, which serves Vermont, New Hampshire and western Massachusetts.” 

Built in 1994, the property includes 34-foot clear heights, 11 loading docks and newly installed HVAC and LED lighting systems. The site is also approved for construction of three additional buildings totaling 90,000 square feet. Located 4.8 miles from Keene, NH, and just over 11 miles from the Massachusetts border, the property provides convenient access to regional markets via major routes.

Read More News Stories About: Marcus & Millichap
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Marcus & Millichap's Klein

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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