News: Owners Developers & Managers

McMahon from NAI Norwood Group reps Hanmin Ventures in 3,217 s/f lease at 95 New Hampshire Avenue

Chris McMahon from NAI Norwood Group's Portsmouth office represented Hanmin Ventures, Inc. in their search for 3,000 to 4,000 s/f of office and studio space. After viewing several viable options the tenant was able to arrive at an agreement with Two International Group for a long term lease of 3,217 s/f at the 195 New Hampshire Ave. building on Pease International Tradeport. Hanmin Ventures. is a local franchisee of the international wide format imaging company, Speed Pro. This will be the company's first location in the state. "It's exciting to help a franchise find space to open their doors for the first time in the state," McMahon said. NAI Norwood Group, with offices in Bedford and Portsmouth, is an affiliate of NAI Global, an international commercial real estate network with over 325 offices spanning the globe. Since 1978, NAI Global clients have built their businesses on the power of NAI's expanding network. NAI Global's extensive services include corporate real estate services, brokerage and leasing, real estate investment and capital market services, and consulting services. For more information please visit www.nainorwoodgroup.com.
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WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
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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
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