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April 2025 NH CIBOR president’s message: Mid-year review - by Kathy DeMello

April 2025 NH CIBOR president’s message: Mid-year review - by Kathy DeMello

April 4, 2025
Happy spring!! We made it through the winter. The sap is beginning to flow on the maple trees and I see perennials popping up in my gardens. If you are a member of CIBOR and NECPE, you know that NECPE changed platforms from Catylist to
Harris of Consigli Construction appointed to Maine Community College System board of trustees

Harris of Consigli Construction appointed to Maine Community College System board of trustees

April 4, 2025
Augusta, ME The Maine Community College System (MCCS) welcomes construction executive Stacey Harris as its newest trustee. Harris was nominated by governor Janet Mills and confirmed by the Maine Senate.
Rivermoor Energy and Weston & Sampson complete publicly accessible EV charging station at Eldredge Public Parking Lot at 365 Main St., Chatham, MA

Rivermoor Energy and Weston & Sampson complete publicly accessible EV charging station at Eldredge P...

April 4, 2025
Chatham, MA Rivermoor Energy, an industry-leading provider of clean energy development solutions for commercial and government customers, and Weston & Sampson, one of New England’s leading engineering, construction, and professional services firms, in partnership with Eversource and the town of Chatham,
Reveler Development and Porta & Company lease to Aomori and Aomori Kitchen + Market at The Armature

Reveler Development and Porta & Company lease to Aomori and Aomori Kitchen + Market at The Armature

April 4, 2025
Portland, ME Reveler Development, a real estate investment, development, construction and management company, and their commercial broker, Porta & Company, made known the upcoming arrival of Aomori and Aomori Kitchen + Market at The Armature (52 Hanover St.)
Callahan Construction Managers completes expansion of  Linden Ponds for Erikson Senior Living

Callahan Construction Managers completes expansion of Linden Ponds for Erikson Senior Living

April 4, 2025
Hingham, MA Callahan Construction Managers (Callahan) has completed the expansion of the continuing-care neighborhood at Linden Ponds, an Erickson Senior Living-managed retirement community. This latest collaboration represents the fourth project Callahan has completed
Johnson named vice president of business development for Sullivan Construction

Johnson named vice president of business development for Sullivan Construction

April 4, 2025
Bedford, NH Sullivan Construction has appointed Logan Johnson, PE as vice president of business development. In this role, Johnsonwill spearhead the company’s growth initiatives, fostering client relationships and identifying new market opportunities that
2Life Communities celebrates opening of $37 million <br>68-unit Leland House for older adults in Waltham, MA

2Life Communities celebrates opening of $37 million
68-unit Leland House for older adults in Wal...

April 4, 2025
Waltham, MA Senior housing developer, owner, operator, and advocate 2Life Communities celebrated the completion of Leland House, joined by partners and advocates that helped make the $37 million development possible. The new 68-apartment community for older adults at 21 Newton St. replaces the former Leland Home,
Atlantic Capital Partners and Downtown Realty broker sale of new Chase Bank branch for $3.05 million

Atlantic Capital Partners and Downtown Realty broker sale of new Chase Bank branch for $3.05 million...

April 4, 2025
Bedford, NH In a transaction involving the Chase Bank branch being developed at 67-69 South River Rd., Downtown Realty represented the buyer, The EJ Realty Trust, and Atlantic Capital Partners represented the seller, Bedford Retail Management, LLC.
Hanley Investment Group arranges $1.8 million sale of two retail properties

Hanley Investment Group arranges $1.8 million sale of two retail properties

April 4, 2025
Manchester, NH Hanley Investment Group arranged the $1.8 million sale of two newly-constructed single-tenant retail properties. Located at 525 and 527 Hooksett Rd., the buildings are situated
Burke promoted to partner at The Boulos Company

Burke promoted to partner at The Boulos Company

April 4, 2025
Portsmouth, NH The Boulos Company has promoted Caitlin Burke to partner. Burke has been a key contributor to the company’s success, demonstrating exceptional leadership, expertise, and dedication to clients throughout the New Hampshire and Seacoast
Project of the Month: Erland Construction and CUBE 3 <br>complete The 305 in Waltham, Mass. for Alliance Residential

Project of the Month: Erland Construction and CUBE 3
complete The 305 in Waltham, Mass. for Alli...

April 4, 2025
Waltham, MA Alliance Residential has once again partnered with Erland Construction, alongside architectural firm CUBE 3, to bring a modern living experience to the city. The recently completed development, named The 305, is a striking addition to the city’s landscape. Offering 314 luxury apartments across 552,704 s/f, The 305 delivers an elevated residential experience
The Grossman Cos. acquires South Willow Shops from Linear Retail

The Grossman Cos. acquires South Willow Shops from Linear Retail

April 4, 2025
Manchester, NH The Grossman Companies, Inc. (TGCI) purchased South Willow Shops, a 9,869 s/f neighborhood retail center located at 926-950 South Willow St., from Linear Retail Properties. Situated at a signalized intersection along a primary retail corridor and
PC Construction to build new <br>Martin’s Point Health Care facility

PC Construction to build new
Martin’s Point Health Care facility

April 4, 2025
Portland, ME PC Construction was selected by Martin’s Point Health Care to build a new corporate facility to support their hybrid workforce with expanded collaboration and meeting spaces, on one campus. The 100,000 s/f facility, to be located on Veranda St. at
Kelleher, Peck, and Pentore of Horvath & Tremblay <br>arrange $11.15 million sale of 48 units

Kelleher, Peck, and Pentore of Horvath & Tremblay
arrange $11.15 million sale of 48 units

April 4, 2025
Londonderry, NH Dennis Kelleher, William Peck, and John Pentore of Horvath & Tremblay have arranged the sale of a 48-unit apartment community. Stonehenge at Londonderry closed at a sale price of $11.15 million which represents a 6.58% cap rate and $232,292 per unit
Atlantic Property Management selected to manage 133 Federal Street in Boston’s Financial District

Atlantic Property Management selected to manage 133 Federal Street in Boston’s Financial District ...

April 1, 2025
Boston, MA Atlantic Property Management, a boutique property management company part of Atlantic Retail, has been selected as the property management firm for 133 Federal Street, a 12-story office building located in
200-seat restaurant proposed <br>for vacant space in Nantucket

200-seat restaurant proposed
for vacant space in Nantucket

March 28, 2025
Nantucket, MA The waterfront property at 31 Easy St., near the Steamboat Wharf, has long been the first establishment many people see when they arrive on Nantucket. But the historic building, the former location of Schooner’s restaurant, has been vacant for years
WS Development to welcome Jones Road to The Street Chestnut Hill

WS Development to welcome Jones Road to The Street Chestnut Hill

March 28, 2025
Chestnut Hill, MA Jones Road, the four-year-old breakout beauty brand founded by makeup artist and entrepreneur Bobbi Brown, is expanding to New England. The brand’s first storefront in the region will debut at The Street Chestnut Hill later this year.
Simon revitalizes Northshore Mall as a <br> reimagined highly-productive mixed-use destination

Simon revitalizes Northshore Mall as a
reimagined highly-productive mixed-use destination

March 28, 2025
Peabody, MA Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, has completed the multimillion-dollar revitalization at Northshore Mall, a shopping and dining destination
Charter Realty closes ground lease of Mobil Gas & Convenience

Charter Realty closes ground lease of Mobil Gas & Convenience

March 28, 2025
Cheshire, CT Charter Realty has closed the sale of a 25-year absolute triple net (NNN) ground lease for a Mobil Gas & Convenience store. The property, situated on a prime outparcel at The Shops at Stonebridge - a mixed-use retail development master-planned by Zelco Properties & Development (Charter Realty’s