News: Northern New England

Colliers leases 3,650 s/f

Salem, NH Colliers represented two financial and investment firms in securing office space.

Polaris Capital Management, LLC has leased 1,900 s/f of office space at 45 Stiles Rd., Suite 207-208. The space, part of a 6,130 s/f condominium office, was remodeled in 2018 and provides Polaris Capital with a dedicated N.H. location. Colliers represented the landlord, AKS 45 Stiles Realty, LLC and procured the tenant.

Philpott Ball & Werner, Inc. has expanded its footprint with a 1,750 s/f class A office lease at 23 Keewaydin Dr., Suite 202. Colliers represented the landlord, 23 Keewaydin Drive Realty, LLC and procured the tenant.

“These transactions underscore the increasing demand from financial services firms seeking strategic office locations in southern New Hampshire,” said Hugo Overdeput, vice president at Colliers in New Hampshire. “With strong market fundamentals and access to a skilled workforce, the region continues to attract companies looking to expand their operations.”

The growing presence of investment and financial firms in New Hampshire signals confidence in the area’s business climate, positioning it as an emerging hub for professional services.

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