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RGN handles sale of former Il Monticello Banquet Hall to Elevate Life Church

RGN handles sale of former Il Monticello Banquet Hall to Elevate Life Church

May 10, 2024
Meriden, CT RGN Realty has completed the sale of 577 South Broad St. The property, formerly known as Il Monticello Banquet Hall, has traded hands multiple times in the last few years and is now slated to become the new home of Elevate Life Church,
Waldman Associates negotiates two sales totaling $3.95 million

Waldman Associates negotiates two sales totaling $3.95 million

May 10, 2024
Walpole, MA Selling One Fox Hill Dr. turned out to be a major challenge for Dan Waldman of Waldman Associates. The office space had previously been listed by both a national and local brokerage without a successful sale. It is likely that the weak cash flow, compounded by the lack of visibility, made the $2.5 million
Colliers names 2023 award winners in the Colliers New Hampshire and Maine offices

Colliers names 2023 award winners in the Colliers New Hampshire and Maine offices

May 10, 2024
Portsmouth, NH Colliers has named its 2023 award winners in the Colliers New Hampshire and Maine offices. The Colliers Portsmouth office swept the awards ceremony this year! David Choate earned the 2023 Top Producer Award,
ATA Engineering leases 3,800 s/f <br> office at 500 Cummings Center

ATA Engineering leases 3,800 s/f
office at 500 Cummings Center

May 10, 2024
Beverly, MA San Diego-based ATA Engineering established a Massachusetts foothold at 500 Cummings Center. Its custom-built, 3,800 s/f space will serve as northeast regional headquarters for the aerospace engineering contractor.
Prolman Realty, Inc. completes sale of 14 Grove St. in Peterborough, NH for $680,000

Prolman Realty, Inc. completes sale of 14 Grove St. in Peterborough, NH for $680,000

May 10, 2024
Peterborough, NH Prolman Realty, Inc. has completed the sale of 14 Grove St. to 14 Grove Street, LLC. Mark Prolman, owner/broker at Prolman Realty, said, “The 11,782 s/f brick building, built in 1840, was owned and occupied by
Newmark secures 110,684 s/f renewal <br>for Nuvera at Rivertech Park

Newmark secures 110,684 s/f renewal
for Nuvera at Rivertech Park

May 10, 2024
Billerica, MA Newmark has secured a 110,684 s/f lease renewal for Nuvera Fuel Cells, LLC. (Nuvera) at the two-building advanced manufacturing facility Rivertech Park. The tenant secured the long-term lease renewal for the entire facility located at 129 Concord Rd.
Spire Investments purchases 15-unit multifamily <br>property at 17 Winter St., Salem, MA for $3.25 million

Spire Investments purchases 15-unit multifamily
property at 17 Winter St., Salem, MA for $3.25 m...

May 10, 2024
Salem, MA Spire Investments has acquired 17 Winter St., a 15-unit multifamily property on the North Shore, located near Salem Common. The brick federalist style apartment property was on the market for only one day and sold for $3.25 million, representing over $216,000 per unit.
Associated Construction names McConnell as new vice president

Associated Construction names McConnell as new vice president

May 3, 2024
Hartford, CT The Associated Construction Company has promoted Kevin McConnell to the position of vice president. In this new capacity McConnell will continue to be a partner
Elm Grove Companies leads <br>acquisition of Highfield Commons

Elm Grove Companies leads
acquisition of Highfield Commons

May 17, 2024
Rochester, NH Real Estate Investment firm Elm Grove Companies has acquired 96 townhome style apartments, 6 fully permitted along with 40 future single family building lots and a large to be developed tract of land for a combined purchase price in excess of $30 million
Nominate someone for the 2024 Ones to Watch - RISING STARS spotlight today!

Nominate someone for the 2024 Ones to Watch - RISING STARS spotlight today!

April 26, 2024
This annual spotlight will showcase individuals who are making notable contributions to their company or industry. Don't miss this opportunity to recognize a RISING STAR from your firm.
Slag Cement Association welcomes CalPortland as new member

Slag Cement Association welcomes CalPortland as new member

April 26, 2024
Farmington Hills, MI The Slag Cement Association (SCA) has added CalPortland as its newest member company. CalPortland, the largest building materials company in the western United States, now joins SCA, bringing its extensive operations across Alaska, Washington, Oregon, California
Shawmut Design and Construction, Peregrine Group, and Ai3 Architects break ground on Edward Martin Middle School

Shawmut Design and Construction, Peregrine Group, and Ai3 Architects break ground on Edward Martin M...

May 1, 2024
East Providence, RI Rhode Island Department of Education, East Providence School District, Peregrine Group, Shawmut Design and Construction, and Ai3 Architects joined members of the East Providence community, students, faculty, and elected officials on Tuesday, April 9
May 2024 New Hampshire CIBOR president’s message - by Ethan Ash

May 2024 New Hampshire CIBOR president’s message - by Ethan Ash

May 3, 2024
The median home price in New Hampshire soared to over $500,000 in March 2024, marking a $135,000 increase since 2021, as reported by the Union Leader. While this may seem like good news for homeowners, it has created a barrier for many to afford living in the state,
Downtown Portland office market update - opportunities for either other office users or residential development - by Kristie Russell

Downtown Portland office market update - opportunities for either other office users or residential ...

May 3, 2024
Over the past year, the downtown Portland office market has undergone noticeable changes due to the evolving dynamics of the business environment and changing work patterns. One of the most significant shifts has been the increase in the office vacancy rate, rising by 2.8% year-over-year
York County’s real estate boom is offering a diverse range of opportunities for business, residents and visitors alike - by Brandon Mitchell

York County’s real estate boom is offering a diverse range of opportunities for business, resident...

May 3, 2024
York County in Maine is experiencing a significant surge in commercial real estate development, with major projects underway across various sectors, including mixed-use, retail, multi-family, and industrial properties.
Greater Portland office market, like many other cities, is still adjusting to the post-pandemic world - by Justin Lamontagne

Greater Portland office market, like many other cities, is still adjusting to the post-pandemic worl...

May 3, 2024
Outlook: The Greater Portland office market is still adjusting to the post-pandemic world. Although the major headlines from primary markets are scary and fear-mongering, Southern Maine is not poised for the bumpy rides you might see on the news or read
Wright-Ryan spotlights innovation at new 20,000 s/f operations center at 15 Saunders Way, Westbrook, ME

Wright-Ryan spotlights innovation at new 20,000 s/f operations center at 15 Saunders Way, Westbrook,...

May 3, 2024
Westbrook, ME Wright-Ryan shared details surrounding their completed fabrication and field supervision facility at 15 Saunders Way. The facility occupies half of a 40,000 s/f building, one that was constructed by the Wright-Ryan team in partnership
Rich and Anderson of Malone Commercial Brokers sell ODAT Machine and 40,000 s/f office/industrial building to Howell Labs

Rich and Anderson of Malone Commercial Brokers sell ODAT Machine and 40,000 s/f office/industrial bu...

May 3, 2024
Gorham, ME Malone Commercial Brokers negotiated the sale of ODAT Machine Inc., including the 40,000 s/f office and industrial building at 20 Sanford Dr. in Gorham Industrial Park. The transaction was brokered by Karen Rich and Mike Anderson of Malone
University of Maine at Augusta nursing program to move to 20,000 s/f at WS Development’s Marketplace at Augusta

University of Maine at Augusta nursing program to move to 20,000 s/f at WS Development’s Marketpla...

May 3, 2024
Augusta, ME The University of Maine at Augusta (UMA) will expand enrollment in its in-demand nursing degree programs to better meet state healthcare workforce needs when it moves into the Marketplace at Augusta later this year.
Nobis Group names Harding and Kay new vice presidents

Nobis Group names Harding and Kay new vice presidents

May 3, 2024
Concord, NH Nobis Group has named Scott Harding, PE vice president of business development and Brett Kay vice president of operations. Harding draws upon over 30 years of experience at Nobis in environmental engineering in order