News:
Owners Developers & Managers
Posted: September 13, 2012
Butler of NAI Norwood Group completes sale of a 53,000 s/f industrial/retail building in Amherst, NH
NAI Norwood Group recently completed the sale of a 53,000 s/f industrial/retail building located on Rte. 101A. Jeanne Butler of NAI Norwood represented the seller, Ceratec Corp. Brad Vear of Vear Commercial represented the buyer, Marmon Utilities.
This industrial/retail building (with 19 acres), had been in the market for sale since 2008 which was due to the poor real estate market and unique location of this building. The owners, Ceratec Corp., a Canadian company, with the help of their commercial agent, Butler, decided to lease a portion of the space temporarily. This helped with building expenses while looking for the perfect buyer. Marmon's team of engineers, construction and manufacturing specialists were very pleased with the quality of the building and once the variance was granted for limited light manufacturing, they moved very quickly toward a sale.
MORE FROM Owners Developers & Managers
Routine Properties acquires Bristol Business Park at 383 Middle St. - 406,665 s/f industrial campus
Bristol, CT Routine Properties, a boutique real estate development and investment firm specializing in industrial assets throughout the Northeast, has acquired the Bristol Business Park, a 406,665 s/f industrial campus located at 383 Middle St.
.png)
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers: Retail??? - by Carol Todreas
It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala
Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and
 (1).png)