July 29, 2020
CBRE has arranged the $3.2 million sale of 150 Venture Drive, a 45,938-square-foot industrial facility in Dover, NH.
Chris Healey of CBRE represented the buyer, Index Packaging Inc., in the transaction. The seller was 150 Venture Drive LLC. In addition to the industrial property, Index Packaging also acquired an additional 20 acres of land to accommodate its significant expansion needs. Index Packaging is a New Hampshire-based custom packaging supplier and manufacturer.
“150 Venture Drive fit our search criteria for a facility with ample space for hosting production and storage of our packaging products as we continue to expand our operations,” said Mike Wiles, president at Index Packaging. “We are pleased with how well all parties were able to work together to complete this transaction during these unprecedented times and look forward to utilizing our new space to its full potential, having already begun looking at increasing the size of the building.”
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