Colliers fully leases new 17,520 SF contractor bay building in Manchester, NH

Colliers, a global leader in commercial real estate services, is pleased to announce the successful lease-up of a newly constructed 17,520± SF multi-tenant contractor bay building at 983 South Mammoth Road in Manchester, NH.

The building, completed in 2024, is now fully leased by four tenants: Novia Corporation, Bearing Distributors, Home Focus Contracting, LLC, and DDA Companies, the property owner.

Dan Scanlon, Senior Associate at Colliers, led the leasing efforts for the property. His expertise in the Manchester commercial real estate market and reputation as a trusted advisor were key to securing high-quality tenants for the building.

“Dan’s expertise and market knowledge made him the obvious choice to market this property. He brought several qualified tenants to the table and provided valuable insights that helped finalize the leases. I look forward to working with him again on future projects.” - Dwayne Andreasen, President of DDA Companies

This project reflects Colliers’ commitment to providing exceptional service and market insight to clients, fostering growth in the Manchester Airport area and throughout Southern New Hampshire. This fully leased property highlights the region's strong demand for contractor bays. Small-bay industrial spaces, ranging from 1,200 to 10,000 SF, cater to various businesses, including contractors, distributors, and service providers. Across Southern New Hampshire, rental rates for these spaces have nearly doubled in recent years due to limited supply and high demand, with rates now reaching $12 to $14 NNN. Dan Scanlon's extensive knowledge of this dynamic market enabled him to secure high-quality tenants and maximize the value of the property for the owner.

Interested in learning more about contractor bays? Read Dan Scanlon's article "Why are Contractor Bays So Attractive to Users and Investors?"