Colliers Facilitates Hager-Richter Geoscience’s Purchase of New Corporate Headquarters in Derry, NH
August 20, 2024
Colliers, a global leader in commercial real estate services, is pleased to announce the sale of 26 Kendall Pond Road in Derry, New Hampshire. Hager-Richter Geoscience, Inc. (HRGS) purchased the 6,000 SF office/flex building for $820,000, according to the records of the Rockingham County Registry of Deeds.
The transaction was facilitated by Dan Scanlon, JD, CCIM, of Colliers’ Manchester office, who represented HRGS in the purchase, and Cassandra Farley of SVN The Masiello Group, who represented the seller, Galco Properties, LLC.
HRGS is relocating its corporate headquarters from Atkinson to Derry, New Hampshire. This strategic move supports its ongoing growth and expansion, providing a more versatile and accommodating space for its team of geologists and geophysicists.
“HRGS began our search for our corporate headquarters in New Hampshire with Dan Scanlon of Colliers nearly three years ago. Because of our unique need for flex space as geologists and geophysicists, and limited inventory in southern NH, the search was quite a process. Dan was incredibly patient as we sorted through available properties as each became available. When we couldn’t find the right space, he helped us find interim space as we moved from our small original place of business in Salem. Dan eventually found and helped us close on a property that really suits our needs and growth with what is hopefully our new home for the foreseeable future in Derry. I would highly recommend working with Dan and Colliers for commercial real estate!” said Jeffrey Reid, P.G., Owner/Principal Geophysicist.
The new facility will accommodate HRGS’s current team of ten employees, with plans to add two to five additional staff members in the near future. As one of the largest full-service geophysical specialty firms in the eastern United States, HRGS has built a national reputation for providing high-quality surface and borehole geophysics services for engineering and environmental applications.
Founded in 1984, HRGS has been committed to delivering top-tier geophysical services. With fully staffed and equipped offices in Derry, New Hampshire, and Fords, New Jersey, the company is well-positioned to respond rapidly to projects across the eastern United States and beyond. HRGS's expertise spans environmental and engineering projects, geotechnical support, subsurface utility engineering (designation and mapping), and non-destructive testing services.
The transaction was facilitated by Dan Scanlon, JD, CCIM, of Colliers’ Manchester office, who represented HRGS in the purchase, and Cassandra Farley of SVN The Masiello Group, who represented the seller, Galco Properties, LLC.
HRGS is relocating its corporate headquarters from Atkinson to Derry, New Hampshire. This strategic move supports its ongoing growth and expansion, providing a more versatile and accommodating space for its team of geologists and geophysicists.
“HRGS began our search for our corporate headquarters in New Hampshire with Dan Scanlon of Colliers nearly three years ago. Because of our unique need for flex space as geologists and geophysicists, and limited inventory in southern NH, the search was quite a process. Dan was incredibly patient as we sorted through available properties as each became available. When we couldn’t find the right space, he helped us find interim space as we moved from our small original place of business in Salem. Dan eventually found and helped us close on a property that really suits our needs and growth with what is hopefully our new home for the foreseeable future in Derry. I would highly recommend working with Dan and Colliers for commercial real estate!” said Jeffrey Reid, P.G., Owner/Principal Geophysicist.
The new facility will accommodate HRGS’s current team of ten employees, with plans to add two to five additional staff members in the near future. As one of the largest full-service geophysical specialty firms in the eastern United States, HRGS has built a national reputation for providing high-quality surface and borehole geophysics services for engineering and environmental applications.
Founded in 1984, HRGS has been committed to delivering top-tier geophysical services. With fully staffed and equipped offices in Derry, New Hampshire, and Fords, New Jersey, the company is well-positioned to respond rapidly to projects across the eastern United States and beyond. HRGS's expertise spans environmental and engineering projects, geotechnical support, subsurface utility engineering (designation and mapping), and non-destructive testing services.
Contact:
Dan Scanlon, JD, CCIM, Senior Advisor
dan.scanlon@colliers.com, (603) 206-9605
