Aho of Aho Properties arranges sale of 4,638 s/f building for $740,000

Newington, NH Joel Aho, president of Aho Properties, represented ownership in the sale of the 4,638 s/f building on 0.2 acres located at 23 River Rd. for $740,000.

New Hampshire multifamily market growth benefits all - by Michael Charron

As I reflect on the past 10 years, I am reminded about the multifamily expansion and growth, nationwide. The remarkable progress in this sector has not only revitalized our cities but has also positively impacted countless lives; I am grateful for the prosperity it has brought to our communities and its citizens.

The financial/economic house is still standing - by Bill Norton

We have made it halfway through 2023 and the financial/economic house is still standing! In fact, several pundits are starting to float the idea that there will be no recession this year. The democrats will go to extreme ends to achieve that because of the blow-back on the Biden Administration and their hopes for re-election.

Gilbert of North Branch Construction receives LEED Green Associate Certification

Concord, NH North Branch Construction’s project manager, Susane Gilbert, has recently received the LEED Green Associate credential from the U.S. Green Building Council. LEED Green Associates are equipped with the knowledge and skills necessary to promote and implement green building practices within the workplace and community.

PROCON completes 139-kW rooftop solar array at headquarters

Hooksett, NH PROCON has completed a 139-kilowatt solar array that sits atop the company’s headquarters. The array will generate an estimated 154,377-kilowatt (kW) hours of renewable energy each year, offsetting nearly 50% of the company’s electric load and over 151,000 pounds of annual carbon emissions.

Choate and Bachman of Colliers facilitate 53,664 s/f lease renewal

Newington, NH Colliers has facilitated the recent 53,664 s/f, seven-year lease renewal for FedPoint, a federal benefits administrator, at 100 Arboretum Dr. David Choate and Abigail Bachman, of Colliers’ Portsmouth office, represented the tenant in the renewal and Steve Horan of Farley White Interests represented the landlord.

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

Summer is here and in full swing! As we enjoy the beauty and many resources that NH has to offer, especially at this time of year, many of us gather for an annual tradition to build and foster relationships, recognize achievements, and just have some fun at our annual summer kick-off – the NHCIBOR annual BBQ and ROTY/AOTY presentation.

Project of the Month: DeStefano & Associates completes 110,000 s/f warehouse addition for Stonewall Kitchen

Dover, NH In February 2023, DeStefano & Associates, Inc. (DAI) completed another warehouse addition on Mast Rd. to be occupied by Stonewall Kitchen. The project team consisted of Summit Land Development, developer; JSN Associates, architect/engineer; and DAI Construction Manager.

Saugatuck Commercial Real Estate and The Boulos Co. represents MMP in third New England lease totaling 7,901 s/f

Portland, ME Mangrove Management Partners and The Vascular Care Group leased 7,901 s/f of medical space from 400 Southborough, LLC at 400 Southborough Dr. Penny Wickey, principal, Saugatuck Commercial Real Estate along with Drew Sigfridson and Claire Richardson of The Boulos Company represented the medical group.

Marsden RE launches Port Property’s first for-sale residential community

Biddeford, ME Port Property, in partnership with Marsden Real Estate/Bean Group, is launching its first for-sale residential community: Landing on the Levee. Scheduled to begin construction this summer, Landing on the Levee will bring a curated selection of for-sale properties to the company’s mixed-use development, The Levee.