Vigilant Holdings acquires Class A industrial facility in New Hampshire for $16.6M

• JLL Capital Markets arranged the $16.6 million sale and $11.45 million acquisition financing of 13 Page Road, a newly constructed Class A industrial facility in Londonderry, New Hampshire.

• Vigilant Holdings acquired the warehouse from an affiliate of Rhino Capital Advisors and secured acquisition financing through Bar Harbor Bank & Trust.

• Completed in 2025, the fully leased facility offers modern build-to-suit specifications and strategic access to Interstate 93, Interstate 293 and major New England population centers.

BOSTON, Oct. 22, 2026 – JLL Capital Markets announced today that it arranged the $16.6 million sale of 13 Page Road, a 75,480-square-foot Class A industrial facility in Londonderry, New Hampshire. The newly constructed warehouse is fully leased to a building products distribution tenant.

JLL represented the seller, an affiliate of Rhino Capital Advisors, in the transaction. Vigilant Holdings acquired the asset. JLL also worked on behalf of the borrower, Vigilant Holdings, to secure an $11.45 million five-year, fixed-rate acquisition loan through Bar Harbor Bank & Trust.

Completed in 2025, the build-to-suit facility sits on 13.8 acres and features modern distribution specifications, including 30-foot clear heights, four loading docks, four drive-in doors, 11 trailer parking spaces and 63 vehicle parking spaces. The property also offers expansion-ready infrastructure with provisions for additional dock positions and was designed to accommodate contemporary logistics and distribution operations. The building is 100% occupied by a building products distribution tenant under a long-term lease structure that provides durable cash flow and contractual rent growth.

Strategically located in Southern New Hampshire, 13 Page Road is less than 10 minutes from both Interstate 93 and Interstate 293 and approximately 3.6 miles from Manchester-Boston Regional Airport. The property provides convenient access to major population and employment centers throughout New Hampshire and Greater Boston, including Manchester, Nashua, Portsmouth and Boston. Its location within one of New England's key industrial corridors positions the asset to serve a broad regional customer base while benefiting from efficient transportation connectivity.

Southern New Hampshire has become an increasingly attractive destination for industrial occupiers and investors due to its proximity to Greater Boston, business-friendly operating environment and growing labor pool. The region continues to attract a diverse mix of manufacturing, logistics, distribution and consumer products companies seeking access to New England's major population centers while maintaining operational flexibility. The area's expanding institutional ownership base and continued corporate investment have further strengthened its position as a preferred industrial market.

The JLL Investment Sales and Advisory team representing the seller was led by Managing Director Michael Restivo, Senior Director David Coffman, Director Tommy Hovey and Associate Ali Howard, along with Vice Chairman Christopher Lawrence. The JLL Debt Advisory team representing the borrower was led by Managing Director Amy Lousararian and Associate Michael Schwarze.

"The competitive process reflected strong investor conviction in both the credit quality and the strategic location advantages this market offers," said Restivo. "We're seeing the pricing gap between Southern New Hampshire and traditional gateway markets compress as institutional capital recognizes the submarket's value proposition."

"Vigilant Holdings continues to demonstrate a disciplined approach to acquiring credit-leased industrial assets across New England," said Lousararian. "13 Page Road is a brand-new build-to-suit with a long-term lease to a national building products distributor, and it builds on the Waste Management-leased properties the firm acquired in Woburn and Avon. The combination of experienced sponsorship, new construction and strong tenancy drew competitive lender interest and positions the investment for outsized performance in the Southern New Hampshire industrial market."

JLL’s Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. The group has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE: JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Vigilant Real Estate Holdings was founded in 2020 to acquire strategic and diversified assets across the United States with a specific focus on industrial and life science properties. The Sponsor leverages nearly 70 years of combined real estate experience and relationships to capitalize transactions of varying sizes and risk profiles. Led and co-founded by David Fowler and based in Boston, Vigilant currently has over $1B assets under management consisting of over 1.2MM square feet of existing properties, assets under construction, or projects in pre-development.

Rhino Capital Advisors LLC is a privately held, Boston-based investment management firm. Rhino identifies and invests in commercial real estate projects throughout the Greater Boston area, specializing in the industrial/flex and multifamily asset classes. Rhino capitalizes on the diverse experience of its team to provide access to off-market opportunities and institutional grade investment management to its investors.

Bar Harbor Bankshares (NYSE American: BHB) is the parent company of its wholly owned subsidiary, Bar Harbor Bank & Trust. Operating more than 60 locations across Maine, New Hampshire and Vermont, Bar Harbor Bank & Trust is headquartered in Bar Harbor, Maine, and has more than $4.5 billion in assets. As a leading Northern New England community bank, Bar Harbor Bank & Trust offers a full range of personal and business banking services, as well as wealth management services through its subsidiary Bar Harbor Wealth Management. For more information about Bar Harbor Bank & Trust, visit www.barharbor.bank or call 888-853-7100. Member FDIC.