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Colliers Sells Rye Airfield

Published Thursday Feb 18, 2021

Colliers Sells Rye Airfield

Colliers International, a commercial real estate firm with offices in NH, has announced the sale of 2 and 6 Airfield Drive in Rye and 190 Lafayette Road in Rye to Grail Real Estate, LLC and Planche Real Estate, LLC, respectively. The two lots total 27.49 acres and 61,659± square feet of buildings. According to the Rockingham County Registry of Deeds, the sale price was $6,100,000.

Andrew Ward from Colliers International represented the seller, Rickert Investment Real Estate in the transaction and the buyer was represented by Tony Jalbert, of Tate & Foss Sotheby’s International Realty.

The seller packaged the two very different lots into a single transaction with a short closing timeline. Rye Airfield, a New England skate and bike park and a nonprofit, was opened in 2001 and quickly became both a regional and national draw for skate and bike enthusiasts. The mission of the nonprofit is to provide an opportunity for action sports in a safe and fun environment. Rye Airfield is hoping to grow from about 20,000 participants annually to more than 100,000 with the proceeds from this sale.

 

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