Manchester, NH, October 23, 2018 – Colliers International’s Multi-Family Advisory Group recently brought to market 875 Elm Street, a unique 10-story luxury residential tower located in the heart of Manchester, NH. The 91-unit apartment community is leased at a 100% market rate, encompassing ample garage parking along with exceptional on-site amenities.

Centrally located, 875 Elm is just 3 blocks from the Manchester Transportation Center, earning it a 96 out of 100 Walk Score, 15 minutes from Manchester-Boston Regional Airport, ½ mile from I-293/Everett Turnpike, and 2 miles from I-93, providing excellent regional access.

 Unique in the market today, this offering presents an opportunity to acquire best-in-class multi-family real estate in a high barrier to entry market.

 “With appealing multi-family dynamics – low vacancy, positive absorption, and strong rental rates – in Manchester’s core market, buyers will be drawn to the asset’s attractive basis below replacement cost,”noted Colliers International senior vice president Chris Sower. “We anticipate substantial buyer interest.”

 In addition to Sower, the Colliers Multi-Family Advisory Group includes vice president Bruce Lusa, assistant vice president Jonathan Bryant, associate John Flaherty, and senior client services specialist Maggie Collins. Dan Hines of Colliers Boston’s Investment Sales team will advise on the office and retail components of the property while Bob Rohrer of the Colliers New Hampshire office will provide key insights regarding the New Hampshire marketplace.

 

About Colliers International Group

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter (@Colliers) and LinkedIn.

 

For further information, please contact:

 

Jen Weber

InkHouse for Colliers

Phone: 781.966.4130

Email: colliers@inkhouse.com



 

 

Manchester_875 Elm Street image big 

 

 

btnDownload-red-212x75

About Colliers International Group

Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) is a top tier global real estate services and investment management company operating in 69 countries with a workforce of more than 13,000 professionals. Colliers is the fastest-growing publicly listed global real estate services and investment management company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide, and through its investment management services platform, has more than $20 billion of assets under management from the world’s most respected institutional real estate investors.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice to accelerate the success of its clients. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 13 consecutive years, more than any other real estate services firm. Colliers is ranked the number one property manager in the world by Commercial Property Executive for two years in a row.

Colliers is led by an experienced leadership team with significant equity ownership and a proven record of delivering more than 20% annualized returns for shareholders, over more than 20 years.

For the latest news from Colliers, visit Colliers.com or follow us on Twitter (@Colliers) and LinkedIn.

 

For further information, please contact:

 

Jen Weber

InkHouse for Colliers

Phone: 781.966.4130

Email: colliers@inkhouse.com