NAI Norwood Group Sells 146,000 SF Flex Building in Manchester

Manchester NH - NAI Norwood Group is pleased to announce the sale of 1050 Perimeter Road in Manchester, NH to Brady Sullivan Properties. John Hoben and Chris Norwood represented the seller in this transaction. The 146,000 square foot flex building, located close to the Manchester Boston Regional Airport, sold on August 4, 2014. "We are excited to offer this unique flex building to our tenants," noted Charles Panasis, Director of Commercial Real Estate at Brady Sullivan Properties, "with its abundant parking and great highway access, it can be a great home for users of medical, office, flex or warehouse." The sale price was $4,050,000 according to the registry of deeds.

  

NAI Norwood Group is an affiliate of NAI Global, the world’s leading managed network of independently owned commercial real estate brokerage firms.  Through this network of 355 offices in 55 countries, NAI Norwood Group is able to leverage their 45+ years of dedicated local experience around the world. With our extensive background and strong local contacts, we are able to assist individual corporations in negotiating leases, sales, business brokerage, investments, relocation, site selection and development. For more information please visit www.nainorwoodgroup.com. Or contact one of our offices: 116 South River Road, Bedford, NH 03110, (603) 668-7000 or 28 Deer Street Suite 301, Portsmouth, NH 03801 (603) 431-3001.

Expert: Market Basket threat may be illegal.

Market Basket issued letters to hundreds of protesting employees yesterday giving them until Friday to return to work or lose their jobs — a move that legally will be difficult to enforce, a labor expert told the Herald.

“An employer in this situation has to be very careful because no matter how this has been labeled, the rank and file employees are on strike, and strikers have certain rights, including the right not to be terminated for engaging in a strike,” said Keith H. McCown, a top labor lawyer at Morgan, Brown & Joy, LLP. “Even though there’s no union in the picture, these employees are withholding their services collectively and that is a strike.”

Continue reading the article from the Boston Globe here.