Newmark Completes $39.7 Million Sale-Leaseback of 12 Innovation Means in Londonderry, NH

LONDONDERRY, NH–Newmark introduced the $39.7 million sale-leaseback of 12 Innovation Means, a producing/R&D facility occupied by EFI and situated close to the Manchester-Boston Regional Airport in Londonderry, New Hampshire.

Newmark Govt Managing Director Richard Ruggiero and Senior Managing Director Brian Pinch represented the vendor, EFI, and procured the customer, R.J. Kelly.

Newmark Co-Head of U.S. Capital Markets Robert Griffin, Govt Vice Chairman Edward Maher, Vice Chairman Matthew Pullen, Govt Managing Director James Tribble, Senior Managing Director Samantha Hallowell and Affiliate Director William Sleeper of the agency’s Boston Capital Markets Group supplied extra help on the transaction. Newmark has additionally been retained by new possession because the unique leasing agent for the property, with Ruggiero and Pinch main this effort.

Constructed in 2018 by EFI, a world chief in digital printing expertise, the 224,780-square-foot property serves as EFI’s major manufacturing/R&D location and state-of-the-art buyer demonstration and coaching heart.

“12 Innovation Means options sturdy infrastructure, together with automated inventory rooms with vertical raise modules, an innovation laboratory, a precision machine store and 38 industrial manufacturing machines,” stated Ruggiero. “The mission-critical facility is an integral ingredient of EFI’s international digital imaging enterprise and among the many most premier high-end manufacturing amenities north of Boston.”

Located on a 17-acre web site off Route 3, 12 Innovation Means is adjoining to the Manchester-Boston Regional Airport and inside a 10-minute drive of Interstates 93 and 293. It’s situated straight south of Manchester, New Hampshire and roughly 45 miles northwest of Boston, MA.

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