Northern New England

Prolman Realty sells two investment properties for $1.644m

Nashua, NH Prolman Realty, Inc. brokered the sale of two investment properties located at 1 Main St. and 8 Auburn St. on behalf of One Main Street Professional Building, LLC. Mark Prolman, Prolman Realty, Inc. represented the seller, One Main Street Professional Building, LLC and Scott Walker, Premiere Properties represented the buyer, Bangor Savings Bank. 

Bradley and White of Coldwell Banker Realty sell 246 Whittemore Point Rd. N

Bridgewater, NH The most expensive home ever sold on Newfound Lake in Bridgewater closed July 14 for $8.82 million—more than $6 million over the previous highest sale. It marks a banner year for Lakes Region homes in the state. Susan Bradley and Kristin White, sales associates affiliated with Coldwell Banker Realty in Gilford, were the listing agents for 246 Whittemore Point Rd. North, which was only on the market 13 days before going under contract. 

Martin of Colliers leases 17,250 s/f to Lamont, Hanley & Associates

Manchester, NH Colliers, a global leader in commercial real estate services, is pleased to announce Lamont, Hanley & Associates, Inc. leased 17,250 s/f at 186 Granite St. Doug Martin, of Colliers in Manchester, represented the landlord, Manchester Millyard Realty, LLC, and assisted the tenant in the transaction. “Lamont, Hanley & Associates has been a fixture in downtown Manchester for decades.

August 2023 CIBOR president’s message: - by Matthew Bacon

This year, I’ve gotten several questions, clarifications, and looks of confusion over exactly what New Hampshire Commercial Investment Board of Realtors (NHCIBOR) and New England Commercial Property Exchange (NECPE) do and how we’re different than other boards and property sites. Our core purpose is to advance the professionalism and service to our community’s property owners, from a commercial perspective.

Finegold Alexander Architects completes 118,000 s/f judicial center

Biddeford, ME Boston-based Finegold Alexander Architects completes the York Judicial Center along with governor Mills and many members of the Judicial Branch at the recent ribbon cutting. Finegold Alexander was selected to do the planning and design for the 118,000 s/f judicial center which consolidates four existing York County Courthouses into a single Judicial Center.

The Boulos Company arranges sale of 8,800 s/f office space

Brunswick, ME Knickerbocker Group purchased 21 Stanwood St. and will convert part of the 8,800 s/f space into an office. The current tenant, Women’s Fitness Studio & Spa, will downsize and remain in the building. Knickerbocker Group offers architecture, interior design, landscape architecture, construction, real estate, and property management services from offices in Boothbay, Portland, and soon, Brunswick.

PROCON and Easterseals NH finalize blueprints for military and veterans campus

Franklin, NH What started as a conversation with governor Sununu regarding deepening Easterseals NH’s long-term commitment to military service members, veterans and their families has evolved into a partnership with the state to provide a central hub for housing and a variety of services designed to give back to those who have given so much.

Colliers completes $1.15m sale of three buildings totaling 5,514 s/f

Barrington, NH Colliers has sold 528 & 532 Calef Hwy. for $1.15 million. The sale consists of 4.29 acres with three buildings totaling 5,514 s/f, known as Knight’s Garage and The Barrington Depot. Andrew Ward, of Colliers’ Portsmouth office, represented the seller, TRS Knight Family Rev Trust, and Deane Navaroli, of William & Reeves Commercial Real Estate, represented the buyer, Desaulniers Commons, LLC, in the sale.

Torrington acquires Mill Road Plaza from
Colonial Durham Associates for $8.8 million

Durham, NH Torrington Properties (Torrington) has acquired the Mill Road Plaza from Colonial Durham Associates for $8.8 million. The 10-acre Mill Road Plaza is the current home to Hannaford, Allegiant Physical Therapy, Appledore Family Medicine and Pediatrics, Domino’s Pizza, Mei Wei, Rite Aid and The Works Café. The Mill Road Plaza joins Torrington’s growing list of recent retail and commercial acquisitions and developments.

Affordable housing development underway for adults with disabilities

Scarborough, ME An affordable housing development will soon bring much needed independent living opportunities for disabled adults to one of the region’s fastest-growing hubs. Set to rise within a 524-acre mixed-use community known as The Downs, this new 51-unit fully accessible apartment building is designed by architecture and interiors firm. Gary Kane, principal with The Architectural Team (TAT)