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Boston & New England  + Metro Boston  + Retail  | 

Merrimack Village Center in NH Sold for $17M 

Merrimack Village LLC has acquired Merrimack Village Center, an 82,292-square-foot neighborhood shopping center in Merrimack, NH., from CP Merrimack LLC for $16.6 million.  

The center, constructed in 2006 on over 10 acres, is located adjacent to Everett Turnpike. The property was 99% occupied at the time of the sale, with tenants including Shaw’s, the State of New Hampshire liquor store, and McDonald’s. 

Jim Koury and Alex Quinn of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented the seller and facilitated the transaction with the buyer. “The property generates a risk-averse stream of revenue as 80% of the space is occupied by the Shaws grocery store, the State of New Hampshire liquor store and a McDonalds,” said Koury. 

Read More News Stories About: Marcus & Millichap

Inside The Story

Alex Quinn

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.

  • ◦Sale/Acquisition
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