Northern New England

Understanding the “opportunity” with opportunity zones - by David De Lise

Recently, there has been a lot of conversation and media coverage surrounding “opportunity zones,” and the race towards raising private equity monies and the formation of private investment funds to pursue

President’s message: NECPE improved online visibility - by Douglas Martin

For the past 12 months or so there has been a lot of discussion by the New England Commercial Property Exchange (NECPE) board about improving our search return rates when the public is online searching for

Cardente Real Estate brokers $300,000 sale and leases 5,400 s/f in Maine

Gray, ME According to Cardente Real Estate, Stephen Kinney has purchased a retail building located at 55 Portland Rd. for $300,000. This transaction was brokered on behalf of the buyer and seller by Mike Cobb of Cardente

The Boulos Company sells 442,882 s/f Aroostook Center Mall for $4.65 million

Presque Isle, ME Aroostook Center Mall Realty Holding LLC purchased a 442,882 s/f mall from WBCMT 2007-C33 Aroostook Center Mall LLC for $4.65 million. The buyer intends to stabilize the mall and to continue its operation

New members and higher attendance at monthly meetings - by Douglas Martin

It is gratifying to see NHCIBOR numbers growing every month. In March, we added 11 new Realtor members and 3 affiliate members bringing our total membership to 548 (386 Realtors and 162 affiliates). It was also nice to see

TFMoran awarded best engineering firm by NH Business Review

Concord, NH TFMoran was honored as the 2019 “Best of Business” in the engineering category on March 14th at the Grappone Conference Center, marking the seventh consecutive year that

Kelm and Eastern Bank partner on $20 million construction loan to build a 71,000 s/f mixed-use condominium project

Portsmouth, NH According to Eastern Bank, its commercial real estate team is leading a $20 million construction loan for Portsmouth-based developer Stephen Kelm to build a 71,000 s/f mixed-use condominium property at

Faulkner Commercial Group and KW Commercial broker $5.1 million sale

Nashua, NH Faulkner Commercial Group and KW Commercial have completed the sale of 90 Northwest Blvd. for $5.1 million.

Denron creates scholarship for ACE Mentor Program

Manchester, NH Denron Plumbing and HVAC, LLC, one of Northern New England’s leading mechanical subcontractors has established a scholarship program for eligible graduating students of ACE NH. 

Granite Commercial Real Estate receives HUBZone certification

Nashua, NH Granite Commercial Real Estate LLC been certified by the U.S. Small Business Administration to participate in the Historically Underutilized Business Zone (HUBZone) program. The goal of the program is to