Peaks & Plateaus: MEREDA’s forecast conference gives context to Maine’s Real Estate data

Portland, ME On Thursday, January 26, over 800 of Maine’s real estate and development professionals gathered at the Cross Insurance Arena to learn about the latest trends and predictions for the real estate economy at the Maine Real Estate & Development Association’s (MEREDA’s) Forecast

Chapman Construction completes new HQ for SELT Mathey Center using sustainable practices

Epping, NH Chapman Construction/Design, a construction management company specializing in high-performance building, has completed the construction of a new two-story 7,744 s/f wood-frame building which will serve as the headquarters for the Southeast Land Trust (SELT).

Burt of TFMoran Inc. retires from field surveyor after 30 years

Bedford, NH After 30 years with TFMoran, Inc., expert field surveyor Michael Burt will retire from the company. Burt joined the firm in October 1993 and quickly became an essential member of TFMoran’s survey field crew. 

Summit Realty Partners Inc. sell 8,346 s/f restaurant at 242 West Broadway in Gardner, MA for $970,000

Gardner, MA Summit Realty Partners, Inc. represented the sale of a 413 seat, full-service restaurant building. 242 West Broadway sold for $970,000 on January 4, 2023. This 0.98 acre property is improved with an 8,346 s/f full-service restaurant building.

Nedde Real Estate negotiates 6 sales and leases in Vermont

Colchester, VT Nedde Real Estate has brokered six sales and lease transactions in Vermont. Nedde Real Estate has sold 46-72 Heineberg Dr. in Colchester, two apartment buildings. Jaeger Nedde and Fernando Cresta represented the sellers William Metro and Sally Stockwell.

Brady Capital Advisors, LLC brokers $7.07 million in acquisition financing of Elaine Street Apartments

Hampton, NH Brady Capital Advisors, LLC (BCA) has arranged and facilitated $7.07 million in acquisition financing for the Elaine Street Apartments, a 41-unit, multifamily portfolio located on 1.01 acres along Elaine St. for a closing that took place on January 11, 2023.

Campbell of North Branch named to AIANH board of directors

Concord, NH Joseph Campbell, president of North Branch Construction, has been named to the 2023 American Institute of Architects New Hampshire (AIANH) chapter board of directors as an affiliate director. 

Reed of Stebbins Commercial Properties sells 60,000 s/f industrial building - $2.85 million

Milford, NH Mike Reed, president of Stebbins Commercial Properties LLC has commpleted the sale of the 60,000 s/f industrial building at 1 Hampshire Dr., from SBJ Real Estate Associates to Milford Equities NH, LLC. 

Roche Realty reaches record annual sales

Meredith, NH Frank Roche, president of Roche Realty Group, Inc., has reported sales for the 12 months ending December 31, 2022. The firm produced a sales volume of $181 million involving 340 transaction sides.

PROCON names Cochran, Lizotte, and Pelton to leadership team

Hooksett, NH PROCON LLC has named Kimberly Cochran, Christopher Lizotte, and Tracey Pelton as new members of the company’s leadership team, joining managing directors John Stebbins and Jennifer Stebbins Thomas and co-presidents James Loft, AIA, and Lance Bennett.