Monday, November 10, 2014

HFF closes $13.425 million sale of southern New Hampshire shopping center


James Koury
BOSTON, MA – HFF announced it has closed the sale of Fairbanks Plaza, a 149,680-square-foot retail center in Keene, New Hampshire.

               HFF represented the seller, H.J. Heyman and Sons, L.L.C.  Unison Realty Partners purchased the center for $13.425 million free and clear of existing debt.

               Fairbanks Plaza is situated on 14.98 acres at 420-480 West Street at the intersection with Franklin Pierce Highway (Rt. 9).   Situated approximately 54 miles south west of Concord, Keene is also the heart of retail activity for southwest New Hampshire.

 The center is strategically located adjacent to Antioch University New England and a little more than a mile from Keene State College.  New tenants include a newly constructed Kohl’s and Aldi supermarket, with additional leasing opportunities available.

               The HFF investment sales team representing the seller was led by senior managing director James Koury, director Ben Sayles and senior real estate analyst Brett Paulsrud.

Ben Sayles
               Unison Realty Partners is a leading retail real estate investment firm focused on the acquisition of grocery-anchored shopping centers throughout the Northeast and the Mid-Atlantic markets. 

With an experienced team of retail and shopping center professionals, Unison seeks to leverage its expertise to maximize value and deliver superior risk-adjusted returns to its investors. 

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com


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