VESPER REALTY ADVISORS COMPLETES 80,000SF sale for KSD

 

Vesper Realty Advisors Managing Director, Philip Moses, represented KSD in this $2,060,000 transaction for this 80,000SF facility situated on 8.8 Acres in the Dover Industrial Park, adjacent to the Spaulding Turnpike, in Dover NH.

Kessler’s New England regional facility was acquired from Rand Whitney Packaging, an affiliate of the Kraft Group, represented by Brian O’Brian of CB/Richard Ellis’s Portsmouth NH office. 

ABOUT KSD:
KSD is a nationwide distribution company supplying wholesale kitchen, bath and plumbing, with over three quarters million SF of warehousing and logistics, strategically placed across the country.  Kessler’s inventory, now excess of $30,000,000, services throughout New England.  Michael Stephens, KSD’s New England sales manager, will lead the new center.  National Operations Senior Vice President, Tim Hagan “we searched the entire New England marketplace for close to a year and selected Dover, NH based on its strategic access to our customers”.

ABOUT VESPER:
Vesper Realty Advisors is a full service, commercial and industrial real estate firm, based in Boston’s Financial District at 125 Summer Street. Established in 1997, our team members have over 64 years of combined corporate real estate expertise experience in New England’s regional markets. Vesper focuses its expertise on servicing New England based, Fortune 1000 companies, providing an integrated platform of services.

Our Principals have consummated over 325 lease and purchase transactions on behalf of corporate clients in excess of $515 million.  Vesper Realty Advisors provides its clients a systematic and integrated platform of comprehensive services designed to strategically reduce overhead and move our clients shareholder value at the bottom line with results oriented success.  The key to our success lies in a thorough understanding of our clients business’s, their corporate culture and our ability to transform our clients’ needs into long-term real estate decisions.

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