News: Owners Developers & Managers

Jackman Commercial Realty, Inc. represents Liberty Utilities in $1.8 million purchase

Jackman Commercial Realty, Inc. has represented Liberty Utilities in its purchase of 15 Buttrick Rd., a 24,500 s/f two-story office building for its local headquarters, according to John Jackman, president of Jackman Commercial. Liberty Utilities is a natural gas and electric utility in New Hampshire. On July 3, 2012 Liberty Utilities Co. completed its $285 million acquisition of National Grid's natural gas and electric distribution businesses in New Hampshire. The deal has added more than 60 new full-time jobs within the state. Jackman completed an integrated site search on behalf of Liberty throughout Southern New Hampshire over the past year and a half. It worked diligently with the entire Liberty team during this process to provide as smooth a transition as possible. This was the second transaction that Jackman completed with Liberty in the past year. According to public records the purchase price was $1.8 million. Norwood Group represented the seller. The property was formerly owned and occupied by Blue Seals Corp. Jackman Commercial Realty, Inc. is a full service commercial real estate firm providing brokerage, leasing and selling, consulting and property management services. It's licensed in N.H. and Mass.
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Colwen Hotels celebrates opening of the first hotel in Portland’s Thompson’s Point - Residence Inn by Marriott and Moxy Hotel

Portland, ME Colwen Hotels celebrated the opening of Residence Inn by Marriott and Moxy Hotel Portland Thompson’s Point, the first hotel in the city’s Thompson’s Point district. Developed by XSS Hotels and managed by Colwen Hotels, the five-story, dual-branded property introduces 148 guestrooms to one of southern Maine’s fastest-growing waterfront destinations.
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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
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

The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated