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Fornaro joins Malone Commercial Brokers
October 6, 2023
Portland, ME Alexia Fornaro has joined Malone Commercial Brokers (MCB). With a Bachelor of Science degree in Early Childhood Special Education from the University of Maine at Farmington and a background in
The Bulfinch Companies adds Schultz and Montemor to asset management team
October 6, 2023
Boston, MA The Bulfinch Companies, Inc. (Bulfinch), a private real estate investment, development and management firm, has added new leadership for the firm’s asset management team, Alexander Schultz and Charles Montemor.
Roscoe joins TFMoran as senior civil project manager
October 6, 2023
Portsmouth, NH Alan Roscoe, PE has joined TFMoran as a senior civil project manager in the. Roscoe is a licensed Professional Engineer in Mass. with over 35 years of experience designing and managing civil and environmental projects.
John M. Corcoran & Co. and Stars REI acquired The Val, a 211-unit apartment community in Billerica, ...
October 6, 2023
Billerica, MA John M. Corcoran & Company (JMC) and Stars REI together have acquired The Val, a 211-unit apartment community located on Middlesex Tpke. Featuring one- two- and three-bedroom homes, the building was completed in 2021.
SV Design and Erland Construction complete The Block at Odell Park
October 6, 2023
Beverly, MA SV Design and Erland Construction completed a new 167,230 s/f six-story, mixed-use property for developer, Beverly Crossing. The Block at Odell Park houses 106 apartments, an array of amenities, and 9,000 s/f of retail space. Constructed on a tight site adjacent to the state’s third busiest commuter rail stop,
New Hampshire CIBOR Oct. 2023 president’s message - by Matthew Bacon
October 6, 2023
Have you ever jumped the gun and had to do a re-run? Well, one of our members was just recognized for an even greater award than reported a couple of months ago, as Chris Norwood was just honored with the 2023 NHAR Realtor of the Year Award. This well-deserved recognition
Nimbio’s digital key platform and Alfred International’s high-design smart locks deliver a styli...
October 6, 2023
Boston, MA Nimbio, a patented, low-cost cellular solution allowing every electronic gate and door to be opened with a cell phone, has formed a partnership with Alfred International Inc., a leading manufacturer of residential, commercial and industrial grade door hardware.
Blais of Berkshire Hathaway HomeServices Verani Realty brokers $5.7 million multifamily portfolio tr...
October 6, 2023
Greenville, NH On August 28th, 2023 the sale of the three-property, 51-unit apartment portfolio occurred at the offices of Frasca & Frasca, PA. The portfolio sold for $5.7 million ($111,765 per unit) and consisted of 21 one-bedroom
RISE receives approval for first of two neighborhood networks of Sullivan Sq. redevelopment project
October 6, 2023
Charlestown, MA RISE, a Boston-based minority-owned developer and construction firm, has received approval from the Boston Planning and Development Agency (BPDA) for the first of two neighborhood networks of the Sullivan Square Redevelopment project.
MacDonald and Percoskie join The Boulos Cos.’ New Hampshire offices
October 6, 2023
Manchester, NH The Boulos Company has expanded their teams in Manchester and Portsmouth. The company welcomes two new associates, John Percoskie and Andrew MacDonald.
The New Hampshire office sector has seen more tenants consolidating footprints and freeing up space ...
October 6, 2023
The vacancy rate in the New Hampshire office market has been over 10% since the first quarter of 2021. After a 0.5% increase over the last quarter, the statewide average vacancy is at 11.1%, roughly 0.4% higher when compared to last year.
The Drew Company celebrates grand opening
of SkySail at Driftway
October 6, 2023
Scituate, MA The Drew Company, a Boston-based, privately held, real estate development and management company, celebrated the grand opening of SkySail at Driftway, the newest transit-oriented mixed-use development, on October 3rd.
Even with economic headwinds we keep sailing along, hoping the storm will go out to sea or just brus...
October 6, 2023
Here on the third official day of fall, the weather is cooling and to some degree so is the commercial real estate sector. The primary culprit is rising interest rates both for construction loans as well as mortgage loans. While the interest rate is a key driver, terms & conditions
J&M Brown Company completes electrical
construction at One Congress in Boston, MA
October 6, 2023
Boston, MA J&M Brown Company (JMB) has reached substantial completion of the complex core and shell electrical construction of One Congress, the centerpiece project in the city’s Bulfinch Crossing.
DeStefano & Associates, Inc. completes two retail projects, starts four
October 6, 2023
Portsmouth, NH DeStefano & Associates, Inc. (DAI) has completed two projects and has broken ground on four. Aspen Dental in Derry, NH – DAI has completed the fit-up of a new 2,500 s/f Aspen Dental. Excel Engineering Inc.
Working with transit-oriented design - by Brian Geaudreau
October 6, 2023
When thinking about public transit within the context of new housing developments, the first stop is usually the Massachusetts Bay Transportation Authority (MBTA) or the 15 state-wide Regional Transit Authorities (RTAs) and their fixed route services.
The Dave Cantin Group facilitates sale of Somersworth Hyundai dealership to Bey Properties
October 6, 2023
Somersworth, NH The Dave Cantin Group (DCG) negotiated the sale of Somersworth Hyundai to Bey Properties. The dealership will be renamed Granite Hyundai. Dave Cantin and John Hyland of The Dave Cantin Group represented the buyer
SAK Environmental opens Portland office
October 6, 2023
Portland, ME SAK Environmental LLC has opened a satellite office to serve the greater Portland area and Southern Maine. This office will expand the company’s geographic footprint in New England to better serve both existing and new customers. SAK provides environmental
Core Investments to host events at The LOT
October 6, 2023
South Boston, MA Core Investments, Inc., a two-decade-old real estate investment and development company, presented its 2023 fall program of music, food, and fun events at The LOT, Core Investment’s newest commitment to the emerging On the Dot neighborhood.
Young and Phillips of The Boulos Co. sell 171 Warren Ave. for $666,000
October 6, 2023
Portland, ME Julie Quimby, Ph.D. of Soulful Spaces, LLC purchased 171 Warren Ave. for $666,000. Dr. Quimby is a licensed psychologist, founder, and CEO of Psychology Specialists of Maine. She leases space at Two Portland Sq., and at 14 Maine St. in Brunswick, and is