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NH CIBOR president’s message: Does the deal make money or not? - by Scott Forte
August 5, 2022
Could a slow down in the real estate market be coming? While there is a lot of chatter among people and real estate agents alike, here are some data points from local and national sources to help us understand the current status of the real estate market.
North Branch Const. receives 2022 Energy Star award
August 5, 2022
Concord, NH North Branch Construction has been awarded a 2022 Energy Star Residential New Construction Market Leader Award by the U.S. Environmental Protection Agency (EPA) and the Department of Energy (DOE). The Energy Star Residential New Construction program presents Market Leader
The Boulos Co. sells 8 Turning Leaf Dr. to MGM Builders
August 5, 2022
Windham, ME MGM Builders purchased 8 Turning Leaf Dr. from Timm Realty in a sale brokered by John Finegan and Sasha Bogdanovics of The Boulos Company. MGM has been building homes in Southern Maine for three decades. They’ve been a tenant
Dakota Partners closes final financing phase for Woodland Cove
August 5, 2022
Wareham, MA Woodland Cove, a new community located minutes from the Cape Cod bridges, moved one step closer to welcoming new residents with the closing of its final phase of financing. The 150-unit property on Rte. 6 will feature affordable and workforce housing
Overdeput of Colliers sells Granite Hill Shoppes & Office Park for $5 million
August 5, 2022
Hooksett, NH Colliers brokered the investment sale of Granite Hill Shoppes & Office Park, a 100% occupied multi-tenant retail/office plaza consisting of three interconnected buildings at 1461 Hooksett Rd.
Cotti-Johnson: Who we are - by Gamble Wiseman
August 5, 2022
In 1944, Louis Cotti and Bill Laurence opened a sheet metal shop at the Weymouth Shipyard called Cotti-Laurence, Inc. Their primary work at the time was installing heating systems during the housing boom on the South Shore through the 1950s.
The Boulos Co., JLL and Harnden Commercial renew 55,000 s/f lease for IDEXX
August 5, 2022
Westbrook, ME The Boulos Company has negotiated a long-term renewal agreement with IDEXX Laboratories for the 55,000 s/f the company occupies at 1 Thomas Dr., Colonel Westbrook Executive Park. Greg Boulos of The Boulos Co. represented the landlord. Brooks
MEREDA names Small of Malone Commercial and Vogel of Drummond Woodsum to vice presidents for 2022-20...
August 5, 2022
Portland, ME The Maine Real Estate & Development Association (MEREDA) appointed Jennifer Small, partner and associate broker at Malone Commercial Brokers, and Gary Vogel, attorney at Drummond Woodsum to vice presidents for 2022 -2023.
Millett of Porta and Co. sells 4,500 s/f; McIver of The Lakes Real Estate assists
August 5, 2022
Norway, ME Jeffrey Nelson purchased 4,500 s/f at 14-16 Paris St. from Samuel Small for $225,000. Tim Millett of Porta and Company brokered the transaction. Bernadette McIver of The Lakes Real Estate represented
East Brown Cow’s “121 Middle” expands to become The Docent’s Collection
August 5, 2022
Portland, ME East Brown Cow, in partnership with Commonwealth Hotels, has rebranded “121 Middle” to The Docent’s Collection. Launched initially in 2019 as an “urban inn,” The Docent’s Collection continues to welcome
Maine Realty Advisors leases 11,900 s/f and sells over 20,000 s/f; Soley honored by CoStar and Mel...
August 5, 2022
Portland, ME Maine Realty Advisors (MRA) negotiated four sale transactions and four leases in the month of June. 737 Washington St., Bath, a 10,000 s/f retail space, sold to RSP Bridgton LLC by Nick Papadopoulos and Peter
Bozzuto debutes One65 Main - a 300-unit apartment building
August 5, 2022
Cambridge, MA Bozzuto, one of the top-rated property management companies in the country, debuted One65 Main. Designed by Elkus Manfredi targeting LEED Gold v4 certification, One65 Main is a sought-after apartment building
HREC Investment Advisors arranges sale of DoubleTree and Tru hotels in Portland
August 5, 2022
Portland, ME HREC Investment Advisors has arranged the sale of the 220-unit DoubleTree Hotel and the 98-room Tru by Hilton Hotel located in the The Maine Mall market of the city. The DoubleTree was purchased by Vaneastland, LLC in 2009 and underwent a complete exterior and interior
Brie joins JSA Design as project architect
August 5, 2022
Portsmouth, NH John Brie was appointed project architect at JSA Design. “We’re excited to have John at JSA,” said JSA CEO North Sturtevant. “His skills and experience add depth to our firm. He’s a welcome addition to our team.
North Branch Construction completes $6.5 million Bagdad Wood Senior Apartments
August 5, 2022
Durham, NH North Branch Construction has completed construction at Bagdad Wood Senior Apartments. The $6.5 million, 29,188 s/f project included a new three-story addition, providing an additional 26 senior housing apartments, site improvements, significant
The Duprey Companies purchases 250,000 s/f Two Granite Place
August 5, 2022
Concord, NH The Duprey Companies completed the purchase of the remaining portions of the former Lincoln Financial Group campus located at Granite Place. The company purchased the south building, Two Granite Place, from Shane Brady and Arthur Sullivan
Smith, Koonce and Van Gelder of Atlantic Capital Partners
handle sale of 777 South Willow St. fo...
August 5, 2022
Manchester, NH Atlantic Capital Partners has sold 777 South Willow St., a retail asset located off of I-293 near I-93. Justin Smith, head of capital markets; Sam Koonce, associate; and Cole Van Gelder, analyst oversaw the transaction which had Atlantic Capital Partners exclusively representing both
Manchester’s The Factory on Willow wins PLAN NH Merit Award of Excellence
August 5, 2022
Manchester, NH Liz Hitchcock, owner of The Factory on Willow, and her project team received a Merit Award of Excellence from PLAN NH in recognition of having positively impacted the surrounding community through good planning, design, and development.
Hersch of Tinkham Realty negotiates 11,297 s/f sale of Stratham Tire site
August 5, 2022
Laconia, NH Tinkham Realty completed the sale of 125 Water St. The site is the former Stratham Tire retail center consisting of 6,297 s/f retail building and a 5,000 s/f storage/warehouse building all situated
CP Management named to manage 156-unit The Edgebrook Residences
August 5, 2022
Merrimack, NH According to CP Management the new apartment community, The Edgebrook Residences, is now open and leasing. The community is offering six to 14-month lease terms on all studio, one- and two-bedroom apartment homes. In addition