Northern New England

NH CIBOR president’s message: Summer networking opportunities - by Scott Forte

Summer is almost here, make sure to take advantage of the great weather and great networking opportunities NH CIBOR and NECPE offer!

Porta & Company negotiates three new real estate transactions

Auburn, ME Porta & Company negotiated three real estate transactions including the following: • McNamee Construction Corp., LLC bought a 4,800 s/f industrial/flex building at 143 First Flight Dr. from RCL

Colliers leases four industrial units

North Hampton, NH Colliers completed the lease of four industrial units at 198 Lafayette Rd./Rte. 1. This location was formerly home to an auto repair shop and was completely renovated into five contractor units. The vacancy rate for industrial space

Small and Malone of Malone Commercial Brokers arrange $3.7 million sale

Gorham, ME Malone Commercial Brokers completed the $3.7 million sale of 37 Bartlett Rd. to Roundstone Realty, LLC. This 44,870 s/f brick and metal-framed industrial building was built in 1985 and sits on 8.3 acres in an area used for industrial usage and development.

Francombe promoted at The Boulos Company

Portland, ME The Boulos Company has promoted Micki Francombe to vice president of administrative operations. Francombe joined the company in 2001 as an administrative assistant and most recently as assistant office manager while continuing to work for her brokerage team in an administrative

Prieto of Granite Commercial Real Estate handles 7,932 s/f building sale

Nashua, NH Granite Commercial Real Estate (GCRE) has completed the sale of 75 East Hollis St. James Prieto, director of real estate at GCRE, represented the seller in the transaction. 75 East Hollis St. consists of a 7,932 s/f building with six drive-in bays,

Project of the Month: Landry/French Construction completes 68,000 s/f Department of Veterans Affairs’ Outpatient Clinic

Portland, ME After a decade of planning, the new 68,000 s/f Department of Veterans Affairs’ Maine Community Based Outpatient Clinic (CBOC), located on West Commercial St., was completed in December 2021 and opened its doors in February 2022. The facility will provide

Rockland Trust leads $46 million financing package
for Phase Two of Hobson’s Landing in Portland, ME

Portland, ME Reger Dasco Properties secured a $46 million financing package, led by Rockland Trust, for the second phase of the Hobson’s Landing development in the Old Port/Arts District. This phase includes the build-out of 387 Commercial St., which will be comprised of 64 residential

MEREDA Index unveiled at spring conference

Portland, ME On May 24th, over 200 real estate insiders gathered both in-person at the Holiday Inn By the Bay and virtually for the Maine Real Estate & Development Association’s (MEREDA) annual Spring Conference. As part of the Conference, MEREDA

Conway of Paul McInnis auctions 24 Salamander Ln. for $5.67 million

New Castle, NH Paul McInnis Auctioneer conducted an auction of a 2,400 s/f waterfront home that sold at auction for $5.67 million. The auction of 24 Salamander Ln., was conducted on behalf of a family trust who wanted to have maximum exposure with open and transparent bidding.