Northern New England

Groundhog day? - by Bill Pastuszek Jr.

The groundhog did not see his/her shadow recently. That means it might be an early spring. This winter has been a strange season everywhere, both in terms of the weather and real estate. Overall, while many indicators pointed positive, nothing feels certain or quite right. Residential markets experienced weird

A real three-body problem - by Thomas House

We are here in a mathematical distortion field at the heart of chaos theory — the three-body problem. (No, it’s not a movie title pun draining the meaning from a serious computational challenge.)

A guide to property restrictions: Covenants and easements - by Philip Hastings and Alexandra Brewer

Covenants and easements are two common title encumbrances that can impact the development of real estate. It is important for purchasers, owners, and occupants of real estate to understand these concepts. A restrictive covenant prohibits a property owner or tenant from doing something

The Greater Portland retail forecast for 2024 - by Peter Harrington

Looking back at 2023, the retail scene in the greater Portland area remained resilient though we did see a slight uptick in the overall vacancy rate from 4.23% to 4.33%. A large portion of the vacancies in the market can be attributed to a few spaces. In Portland, where the vacancy rate stood at

Reflecting on Q4 2023: A comprehensive review of Portsmouth and Dover submarkets - by Abby Bachman

As we ramp up in 2024, it’s an opportune moment to delve into the trends of 2023, transactions, and developments that defined the industrial and office sectors within the Portsmouth and Dover submarkets.

March 2024 New Hampshire CIBOR president’s message: Minimal increase in sale prices - by Ethan Ash

During this time of year, I eagerly anticipate reading the New Hampshire Real Estate Year in Review published by NHAR and PrimeMLS. It provides valuable insights into the real estate industry’s current state and the evolving landscape across different regions of the state. It comes as no

Alkova of Coastal Land & Commercial Group assists in $9.35 million short sale

Bedford, NH Viktoria Alkova of Coastal Land & Commercial Group assisted in the purchase of an 85 bed, former assisted living facility. Alkova exclusively represented the buyer to complete the off-market short transaction at a sale price of $9.35 million. Alkova encountered challenges

Rice and Smith of Badger Peabody & Smith
sell Adair Country Inn

Bethlehem, NH After nearly a decade of stewardship by the Bedor family, the Adair Country Inn is now under new ownership. The Adair Country Inn and Restaurant is now owned by Mark and Brenda Johnson. The Johnson family has been members of the community for over 40 years.

Newmark completes $39.7 million sale-leaseback
of 12 Innovation Way to R.J. Kelly

Londonderry, NH Newmark negotiated the $39.7 million sale-leaseback of 12 Innovation Way, a manufacturing/R&D facility occupied by EFI and located near the Manchester-Boston Regional Airport.

Northeast Private Client Group closes 15-unit multifamily portfolio sale

Dover, NH Northeast Private Client Group (NEPCG) has brokered the Third St. portfolio sale. Senior associate Brad Carlson and investment associate Brett Curtis represented the seller and procured the buyer for this multifamily portfolio transaction.