In the latest deal, a New York investment group has acquiredIndian Head Plaza in Nashua. The first class office building, alsoknown as 30 Temple Place, sold for $9.75 million to EverestPartners. According to Senior Director James Belli of Cushman &Wakefield, the buyers felt the upside at 30 Temple Place waspromising over the near term.

"They are looking for good returns, and this property iswell-positioned in the market," says Belli, whose firm brokered thesale on behalf of both parties. Senior directors Peter Joseph andTom Farrelly also worked on the assignment, as did associatedirectors Chris Phaneuf and Denis Dancoes.

Everest has traditionally focused on retail, says Belli, but thefirm felt the 110,000-sf Nashua property was a solid investment inthe northern New England office market. Along with ProgressSoftware, the fully occupied building also houses Internet CommerceSolutions, a fast-growing startup company that is now in nearly30,000 sf.