Manchester, NH Colliers International, a global leader in commercial real estate services, would like to congratulate Doug Martin on being named the New Hampshire Commercial Board of Realtor’s 2018 Realtor of the Year. In their New Hampshire office, Martin is a principal and vice president, and covers the sale, leasing, and valuation of office, industrial, and retail properties, as well as commercial land tracts in the Greater Manchester and Concord areas.
Martin is president- elect for NHCIBOR, as well as vice president of NHCIBOR Cares, its charitable arm. His professional accomplishments include Colliers International’s 2017 Everest Club, Colliers | New Hampshire’s 2017 Top Producer, and the Union Leader’s 2017 40 Under Forty.
In 2017, he completed more than 50 transactions. One notable transaction from last year was his representation of the buyer of 29 Commerce Dr. in Bedford, a 31,000 s/f class A office and training facility, for $3.53 million.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.