Northern New England

Ferrari of Prolman Realty, Inc. completes sale of two units at 381 Main St., Nashua

Nashua, NH Prolman Realty, Inc. has completed the sale of 381 Main St. According to Lisa Ferrari, who represented the seller of Unit 1, RNC Realty, LLC and the seller of Unit 2, Accent on You Hair Salon, Inc., the two units were purchased by FMP Realty, LLC.  Unit 1 consists of 1,944 s/f of office space and will remain occupied by Century 21.

Margulies Perruzzi designs two behavioral units for Southern Maine Health Care

Sanford, ME Margulies Perruzzi (MP), one of New England’s most innovative architectural and interior design firms, has completed the expansion and repositioning of two behavioral healthcare units at the Sanford Medical Center (formerly the Goodall Hospital) for Southern Maine Health Care.

Horvath & Tremblay’s Peck, Kelleher and Pentore broker $10.4 million sale of the Kennard Road Portfolio

Manchester, NH William Peck, Dennis Kelleher and John Pentore of Horvath & Tremblay have completed the sale of the Kennard Road Portfolio for $10.4 million at a 6.96% cap rate. The trio were the sole brokers in the transaction in which 459 Kennard Realty, LLC sold to Brady Sullivan Properties, LLC. The Kennard Road Portfolio, a value-add 87-unit apartment complex, is well-located in a residential neighborhood.

Stebbins of PROCON awarded Business Excellence Award in Real Estate and Construction for Large Orgs.

Hooksett, NH Accoring to PROCON, Mark Stebbins, chairman and CEO was awarded the 2020 Business Excellence Award in Real Estate and Construction for large organizations from NH Business Review. The annual awards recognize New Hampshire’s top business executives for their imagination, industriousness, innovation, and achievements. 

Macek joins TFMoran as a civil project engineer

Portsmouth, NH TFMoran’s Seacoast Division welcomes Justin Macek, EIT to the team as a civil project engineer. He holds a bachelor of science in Environmental Engineering from the University of New Hampshire in Durham. Macek has civil/site engineering experience in both New Hampshire and California

Choate of Colliers Int’l. reps. Novocure, Inc. in 19,000 s/f lease

Portsmouth, NH Colliers International represented Novocure, Inc. in the sublease of another 19,000 s/f of class A office space at 135 Commerce Way. The company now leases a total of 73,000 s/f in two buildings at Portsmouth Office Park. David Choate of Colliers represented Novocure and Joe Doyle of CRESA Partners of Boston represented the sublessor, Liberty Mutual.

DeStefano & Associates completes multiple projects

Hooksett, NH DeStefano & Associates, Inc. (DAI) has completed the design and started construction of a new 2,500 s/f single story building, with site improvements, for a new Starbucks on Rte. 28. Construction is slated to be complete in January 2021.   DAI has also completed Phase Three of improvements for The Seacoast Repertory Theatre in Portsmouth, N.H.

SVN | Masiello Commercial completes sale of Soapy’s Car Wash

Hudson, NH SVN | Masiello, one of the nation’s premier brokerage firms, has completed the sale of Soapy’s Car Wash and Detail Center, a full service car wash facility on .777 acres at 64 Derry Rd., to Michael Joy and Lindsay Joyce for an undisclosed amount.  Matthew Bacon and Cassandra Farley of SVN Masiello represented the seller, Derry Street LLC, and assisted the buyer in the transaction. 

Brady Sullivan makes $100,000 gift to Catholic Medical Center’s future expansion

Manchester, NH On October 8th, Catholic Medical Center (CMC) was pleased to accept a $100,000 donation from Brady Sullivan Properties. The property management and development firm, headed up by Shane Brady and Arthur Sullivan, recognized CMC’s commitment to providing compassionate, high-quality health care to the community.

North Branch Construction begins work at 401 Mt. Support Rd.

Lebanon, NH North Branch Construction began site work on a Dartmouth College greenfield site located at 401 Mt. Support Rd. for the construction of four apartment buildings, a clubhouse, and an operations building being developed for Dartmouth by Michaels Student Living, LLC of Camden, N.J. The project will be designed, permitted, constructed, owned, and managed by the developer, Michaels Student Living, LLC, with a long-term ground lease from Dartmouth.