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Triglione & Billipp of The Kane Company sell 35 Mirona Rd, Portsmouth |
Triglione & Billipp of The Kane Company sell 35 Mirona Rd, Portsmouth
40,000 SF Industrial Building
Portsmouth, NH – September 20, 2011: The Kane Company, Inc. announces the sale of 35 Mirona Road, Portsmouth, NH. The former Bauman Engineering property which has been sitting dormant for nearly 6 years and owned my Michaels Realty Trust, was recently sold to Lighthouse Manufacturing, LLC.
Lighthouse Manufacturing, Inc. will soon relocate its current operation in Peabody, MA to Portsmouth after its completion of extensive renovations to the property. Lighthouse Manufacturing, Inc. is a metal fabricator, machining and progressive die manufacturer with a reputation based on excellent service, superior quality and absolute reliability. LMI fabricates and assembles a large variety of precision parts and tools from high-temperature alloy steels and exotic metals including titanium, Inconel, CobaltL605, Rene and High Speed Steel. LMI maintains an extensive Materials Inventory for rapid shipment to the Aircraft, Aerospace, Automotive, Lighting, Medical and Power Generation industries.
Anthony Triglione and Peter Billipp, both brokers with The Kane Company facilitated the transaction say “Lighthouse was immediately able to see the value in this ‘off-market’ property due to its ideal location and negotiated a fair price due to the extensive renovations required to improve the property to meet their specific requirements.”
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