News: Owners Developers & Managers

Christie and Tito of NAI Hunneman broker $1.85 million sale of Maynard School apartment complex

Manchester, NH NAI Hunneman brokered the $1.85 million sale of the 26-unit Maynard School apartment complex located at 455 Union St. and 222 Merrimack St. Executive vice presidents Carl Christie and Robert Tito represented the seller Kendrick Investment Corp., and procured the buyer WBC Orange Street Investments.

“The property includes several large units with high ceilings, unique layouts and off-street parking making it a nice addition for the buyer who was looking to expand their holdings in the region,” said Christie.

Maynard School apartments, 455 Union Street & 222 Merrimack Street - Manchester, NH

The Maynard School Apartments is a former school converted in 1987 into a 21-unit brick apartment building located at 455 Union St. The sale also included the abutting 5-unit building at 222 Merrimack St.

Headquartered in Boston, NAI Hunneman is a leading provider of commercial real estate services to corporations, institutions and the private market. NAI Hunneman is a member NAI Global, a network of independent commercial real estate firms, and one of the largest commercial real estate service providers worldwide. NAI Global manages a network of 6,700 professionals and 375 offices throughout the world. NAI professionals work together with its global management team to help clients strategically optimize their real estate assets.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

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
Revitalized Town Centers:  Retail??? - by Carol Todreas

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
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

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,