A charter school has paid $11 million for a Nashua industrial building that will form its permanent home.

Academy for Science and Design Charter School bought 9 Townsend West late last year, according to public records.

The school, which also goes by the acronym ASD, has been recognized as a National Blue Ribbon School of Excellence, as the top high school in New Hampshire and one of the top 75 STEM schools in America by U.S. News and World Report.

The seller was FLIR systems. It had originally bought the 137,000-square-foot building on 11 acres near Nashua Airport in December 2010 for $7.2 million.

The property boasts 9-foot ceilings in office areas and 16-foot clear heights in the production and warehouse spaces, plus one loading dock for every 17,500 square feet, showers with lockers and 485 parking spaces according to Cushman & Wakefield, which represented the school and FLIR in the transaction.

As of last year, ASD had 550 students in grades 6 through 12. It’s unclear what the school’s specific buildout plans for the multitenant property are.
Cushman & Wakefield’s Thomas Farrelly and Sue Ann Johnson represented ASD while Denis Dancoes, Craig Estey, Mike Christian, Josh Feldman, Dan Fisk, Scott Goldman and Greg Millwater represented FLIR.

“Cushman & Wakefield has represented ASD since their inception in 2007, including their first location of 7,000 square feet in an office building in Merrimack,” Johnson said in a statement. “Over the past 15 years, we have seen this school blossom and change the lives of so many students. It has been an honor to work with ASD.”

9 Townsend West is situated on 11 acres of land and features nine-foot ceilings in office areas and 16-foot clear heights in the production and warehouse spaces. The property features one loading dock for every 17,500 square feet, showers with lockers and 485 parking spaces.