Northern New England

CBRE completes sale of Holiday Inn Express & Suites Manchester-Airport

Manchester, NH CBRE today completed the sale of Holiday Inn Express & Suites Manchester-Airport located at 1298 S. Porter St. The hotel was acquired by Manchester Hospitality.  CBRE’s Dave McElroy and Scott Hutchinson of CBRE Hotel Brokerage and Investment Sales represented the seller, the Singer family of Manchester, during the transaction. 

DECCO, Inc. releases Virtual Design Solutions

Nashua, NH DECCO, Inc. has released its newest service 3D Laser Scanning & Virtual Design Solutions. DECCO’s new 3D Laser Scanning & Virtual Design Solutions supports projects with 3D scanned models and point clouds to integrate piping models and skidded systems into generated virtual environments supporting Building Information Models (BIM).

Harnden joins The Dunham Group as partner and broker

Portland, ME Jim Harnden has joins The Dunham Group as broker and partner. Harnden comes to the Dunham team having over 35 years of experience in Maine’s commercial real estate market. Harnden has been president of Harnden Commercial Brokers. Harndens’s focus and expertise is tenant representation, having worked with some of the leading companies in our market – including large national, regional and local companies.

Port One Companies continues work on Granite Woods - 500,000 s/f development

Hooksett, NH According to Newmark, construction continues on Granite Woods Commerce Center, an industrial development spanning 500,000 s/f at 47 Hackett Hill Rd. With 90% of site work complete, construction of the class A building is well underway and targeting an early 2024 delivery.

Advisors Living opens new sales office at 5 East Main St. in Merrimac Square

Merrimac, MA Advisors Living, the residential sales platform of Boston Realty Advisors, opened its newest sales office. The new office is located to serve Greater Newburyport, the Merrimack Valley and areas of southern New Hampshire. This new office, one of the latest in a series of Advisors Living offices opening in suburbs of Greater Boston, is located at 5 East Main St. in Merrimac Square, the commercial, cultural and historical center of the town.

Saulnier of MANSARD completes $725,000 sale of 10,300 s/f commercial building

Allenstown, NH Taylor Saulnier, CCIM of MANSARD completed the $725,000 sale of 77 Turnpike St.. The 10,300 s/f building is positioned on a visible 1.93-acre corner lot on Rte. 3.

CBRE Hotels completes sale of Town & Country Stowe hotel at 876 Mountain Road

Stowe, VT CBRE Hotels has completed the sale of Town & Country Stowe, a 54-room, class A hotel located at 876 Mountain Rd. Located on nine acres along Stowe’s Mountain Rd., leading directly from Stowe village to the ski area at Mt. Mansfield, the recently renovated property was sold by Hotel Sportiva Stowe LLC. 

Trammell Crow Company and Diamond Realty break ground on 323,750 s/f industrial development

Merrimack, NH The Boston office of Trammell Crow Company (TCC), a global commercial real estate developer, and JV partner Diamond Realty Investments broke ground on 50 Robert Milligan Pkwy. (50 RMP) with an official ceremony hosted on May 18. Construction is now underway on the 323,750 s/f class A industrial building, which will deliver in Q4 2023. The JV closed on the land for the development in December 2022.

DeStefano & Associates completes interior renovation of 8,000 s/f space

Manchester, NH DeStefano & Associates, Inc., (DAI) has completed the interior renovation of an existing 8,000 s/f clubhouse amenity building located at a residential complex, Halstead Countryside, designed by SV Design Architects.

NH CIBOR president’s message June 2023 - Matthew Bacon

Approaching election years is always interesting from a public policy and advocacy standpoint, and 2023 is no different. From WOTUS (Waters of the US) policy changes that are highly politically charged and manipulated, to fiscal policy discrepancies between major political stakeholders, we can expect many more changes in the near term.